The opportunity cost theory considers

Related MCQs

• Haberler’s Opportunity cost theory explains the doctrine of comparative cost in terms of
• The basics and gains from international trade under the theory of opportunity cost is determined by
• Under constant opportunity cost, the production possibility curve is
• The slope of the production possibility curve under Opportunity costs theory is also called
• The production possibility curve under increasing opportunity costs is concave to the origin because
• According to the absolute differences in cost theory of trade
• According to Ohlin, the comparative cost differences arise because of
• The difference in the domestic cost ratios of producing two commodities in two countries is known as
• Which of the following is the cause of international trade as per Heckscher-Ohlin trade theory?
• The theory of comparative advantage in international trade was propounded by