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    Download Institute of Chartered Shipbrokers (ICS) Professional Qualifying Examination (PQE) Economics of Sea Transport & International Trade Exam Previous Years Question Papers

    Institute of Chartered Shipbrokers (ICS) was started with the objective of offering highly qualified professionals for the industry of shipping. The institute holds the pride of being an internationally recognized body in maritime studies and it is committed for maintenance of highest professional standards in the industry of shipping all over the world.

    About Professional Qualifying Examination:

    PQE is the short form this examination and the purpose of this examination is evaluation of students on different commercial shipping activities. The examination is conducted in three groups of which group 1 includes compulsory papers and groups 2 and 3 includes optional papers.

    Compulsory Papers in Group 1:

    The list of compulsory papers coming under group 1 is given below:

    Introduction to shipping
    Legal principles in shipping business
    Economics of sea transport and international trade
    Shipping business

    Economics of sea transport and international trade:

    For this paper students will be learning content under the following heads:

    Basic economic concepts
    The demand for shipping
    The supply of shipping
    Cost analysis and economics of scale
    Competitive markets - tramps
    Competitive markets - tankers
    Liner trades oligopoly and the competitive market
    Ports, canals and water ways
    Shipping and international trade
    Exchange rates and balance of payments

    Previous years question papers:

    Past question papers of Economics of sea transport and international trade offered in the first group of PQE are given in the attachment.


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