The concept of single factoral terms of trade was developed by
A) Jacob Viner
B) G.S. Dorrance
C) G.Haberler
D) F.W. Taussig
Correct Answer:
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Q14: When a country's import price relatively rises
Q15: The various methods of measuring gains from
Q16: According to Jacob Viner, the classical economists
Q17: The classical theorists believed that the gains
Q18: The modern economists considered the gains from
Q20: Mill's theory of reciprocal demand is based
Q21: When the export prices of a country
Q22: The concept of gross barter terms of
Q23: A single factoral terms of trade shows
Q24: The concept of commodity or net barter
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