Comparative Cost Trade Theory is given by
A) adam smith
B) david ricardo
C) gottfried haberle
D) heckscher ohlin
Correct Answer:
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Q4: Transportation cost of trade affects:
A)pattern of trade
B)boundaries
Q5: What was the first economic theory of
Q6: According to Adam Smith, the trade between
Q7: According to the principle of comparative advantage:
A)south
Q8: Globalization refers to:
A)lower incomes worldwide
B)less foreign trade
Q10: ………… …..is the payment method most often used
Q11: Key controllable factors in global marketing are:
A)government
Q12: The first phase of globalization started around
Q13: According to this theory, the holdings of
Q14: The Theory of Absolute Cost Advantage is
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