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Q. |
The price criterion if the H-O theory of trade lays down that |
A. | A country having labour relatively cheap and capital relatively costly is capitalabundant |
B. | A country having capital relatively cheap and labour relatively costly is labourabundant |
C. | A country having both capital and labour cheap is capital-abundant |
D. | A country having capital relatively cheap and labour relatively costly is capital abundant |
Answer» D. A country having capital relatively cheap and labour relatively costly is capital abundant |
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