The first classical theory of International Trade is given by

Related MCQs

• In classical theory of International Trade, the exchange of goods and services takes on the basis of ………….. system?
• One similarity between international trade and inter-regional trade is that in general both must overcome
• The absolute advantage theory of international trade is associated with
• The absolute advantage theory of international trade is associated with
• Heckscher-Ohlin theory of international trade is based on
• According to Heckscher-Ohlin theory as a result of international trade, the difference in factor price between nations
• Who propounded the opportunity cost Theory of international trade?
• ‘Infant industry argument’ in international trade is given in support of:
• The main objective of international trade is
• The Heckscher-Ohlin approach to international trade provides important insights, in