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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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