Trade among different regions within the same country is known as
A) International trade
B) Interregional trade
C) Bilateral trade
D) Trilateral trade
Correct Answer:
Verified
Q12: The absolute advantage theory of international trade
Q13: Trade between nations occur due to
A)Difference in
Q14: Adam Smith propounded the theory of
A)Comparative cost
B)Opportunity
Q15: David Ricardo propounded theory of
A)Law of reciprocal
Q16: In Heckscher-Ohlin model, factor abundance have been
Q18: Heckscher-Ohlin theory of international trade is based
Q19: The main objective of international trade is
A)To
Q20: Import quota implies
A)Physical limitation of quantities of
Q21: According to Heckscher-Ohlin theory as a result
Q22: The imposition of an import tariff by
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