David Ricardo believed that the international trade is governed by

Related MCQs

• The basic of international trade according to Ricardo is that
• According to Ricardo, trade is possible between two countries when
• Prof. Ronald Findlay modified Ricardo’s measure of gains from trade using
• Among the difference between inter-regional and international trade, the reason for international factor immobility includes
• 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 classical theorists believed that the gains from trade resulted from
• The theory of comparative advantage in international trade was propounded by
• Adam Smith’s theory of international trade is based on
• In Ricardian theory of international trade, the only factor of production is