McqMate
| Q. |
According to physical criterion of the H-O theory of trade, a country is said to be relatively capital abundant if and only if |
| A. | A country is having capital relatively cheap and labour relative costly |
| B. | A country is endowed with a higher proportion of capital to labour than the other country |
| C. | A country is having labour relatively cheap and capital relatively costly |
| D. | A country is endowed with a higher proportion of labour to capital than the other country |
| Answer» B. A country is endowed with a higher proportion of capital to labour than the other country | |
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