Q.

The term ‘factor intensity’ refers to

A. The relative proportion of two commodities produced in a given period
B. The relative amount of resources each country possesses
C. The relative proportion of various factors of production used to produce a commodity
D. None of the above
Answer» C. The relative proportion of various factors of production used to produce a commodity
2.5k
0
Do you find this helpful?
12

View all MCQs in

International Trade

Discussion

No comments yet