Goods which are not used in the production of other goods are called:

Related MCQs

• The value of NNP at production point is called
• The rate at which goods are exchangeed between two countries is called
• Donations, grants, gifts and such other payments which do not have counter obligations are known as :
• Which of the following is not true about final goods ?
• Which of following is not an intermediate goods?
• The basic factors of production are land, labour, capital and,
• According to Classical economists, _ is the reason for a country to specialie in the production of a commodity
• According to Adam Smith, international trade is advantageous for all participating countries only if they enjoy _ difference in cost of production
• If a country enjoys an absolute advantage in the production of all commodities then also trade is possible”. Who said this?
• Comparative advantage occurs when ……..than other country .