The Absolute Advantage theory of international trade was propounded by

Related MCQs

• The theory of comparative advantage in international trade was propounded by
• The H-O theory of international trade was propounded by Ohlin in
• Which of the following is the cause of international trade as per Heckscher-Ohlin trade theory?
• In the modern trade theory, the gains from international trade are clearly differentiated between
• The necessity of absolute differences in costs of international trade is associated with
• According to the absolute differences in cost theory of trade
• Among the difference between inter-regional and international trade, the reason for international factor immobility includes
• According to the theory of comparative advantage, countries gain from trade, because
• Adam Smith’s theory of international trade is based on
• In Ricardian theory of international trade, the only factor of production is