The H-O theory of international trade was propounded by Ohlin in
A) 1932
B) 1933
C) 1934
D) 1935
Correct Answer:
Verified
Q3: International trade refers to
A)Domestic trade
B)Inter-regional trade
C)Trade between
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
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
Q12: The production possibility curve represents
A)The supply side
B)The
Q13: Relative factor abundance in H-O theory of
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