International trade refers to
A) Domestic trade
B) Inter-regional trade
C) Trade between two nations or countries
D) Internal trade
Correct Answer:
Verified
Q1: The main reason for different nations to
Q2: According to the absolute differences in cost
Q4: The classical theory of international trade is
Q5: The necessity of absolute differences in costs
Q6: The opportunity cost theory considers
A)Labour as the
Q7: The Comparative theory of international trade is
Q8: The H-O theory of international trade was
Q9: Community indifference curves have the same characteristics
Q10: The factor price ratio(PC/PL)A < (PC/PL)B of
Q11: The H-O theory assumed the prevalence of
A)Monopolistic
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents