)classical theory : absolute advantage theory , comparative advantage theory and 2.)heckscher-ohlin theory
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The classical comparative costs theory developed by Adam Smith, Ricardo and Mill maintained that comparative cost advantage of the trading countries was based on the differences in the productivity of labour (single factor) but they failed to provide a satisfactory explanation for such differences.
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Quantum numbers are important because they can be used to determine the electron configuration of an atom and the probable location of the atom's electrons. ... The magnetic quantum number, ml, describes the energy levels in a subshell, and ms refers to the spin on the electron, which can either be up or down.
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