Question

.
WI10 Ilds presented the comparative cost advantage theory of internationa
trade ?
David Ricardo has presented the comparative cost advantage theory of
international trade.
In which context the factor endowment theory is explained ?
Factor endowment theory is explained in the context of (1) Physical quantity
and (2) Factor price.
Multiple Choice Questions
Select the correct option from the given alternatives.
In economy, which function of goods and services is known as trade?
(A) Production
(B) Storage
(C) Distribution
(D) Expansion
International trade is a result of
(A) International labour division (B) International production
(C) World fraternity
(D) Co-operation​

Answer 1

Answer:

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