Comparative Advantage theory is based on -------value
A) Cost theory
B) Productivity theory
C) Quality theory
D) labor theory
Correct Answer:
Verified
Q5: Who aid the following, " The esence
Q6: Ricardian theory has -------countries and commodities
A)32
B)23
C)24
D)22
Q7: Which of the following is NOT an
Q8: Comparative Advantage is expressed in -------
A)Absolute Cost
B)Variable
Q9: England 1 unit wine =1/2unit cloth, Portugal
Q11: No change in technology, no transport cost,
Q12: If a country enjoys an absolute advantage
Q13: According to H-O theory, International trade is,
Q14: H-o Theory s based on value theory.
A)Partial
B)Semi-partial
C)General
D)Semi-General
Q15: H-O Theory is a -------model
A)1 X 1
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