The first classical theory of International Trade is given by
A) Friedman
B) Keynes
C) Adam Smith
D) Heckscher-Ohlin
Correct Answer:
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Q1: Who propounded the opportunity cost Theory of
Q2: 'Infant industry argument' in international trade is
Q3: The Heckscher-Ohlin approach to international trade provides
Q4: Which of the following is a determinant
Q5: Which of the following is not a
Q6: What determines the pattern of specialisation and
Q7: The exchange of goods and services are
Q8: Which is not an advantage of international
Q10: In classical theory of International Trade, the
Q11: In Heckscher Ohlin theory, what is assumed
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