According to classical view, one of the main difference between inter-regional and international trade is

Related MCQs

• According to the Heckscher-Ohlin theory of trade, the most important cause of difference in relative commodity prices and trade between nations is a difference in
• Among the difference between inter-regional and international trade, the reason for international factor immobility includes
• The classical theory of international trade is based on
• In the modern trade theory, the gains from international trade are clearly differentiated between
• Which of the following is the cause of international trade as per Heckscher-Ohlin trade theory?
• According to Jacob Viner, the classical economists measured the gains from trade in terms of
• The basic of international trade according to Ricardo is that
• The classical theorists believed that the gains from trade resulted from
• The basics and gains from international trade under the theory of opportunity cost is determined by
• The theory of comparative advantage in international trade was propounded by