Among the difference between inter-regional and international trade, the reason for international factor immobility includes
A) Difference in languages
B) Difference in occupational skills
C) Restrictions imposed by foreign country on labour immigration
D) All of the above
Correct Answer:
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Q9: The Absolute Advantage theory of international trade
Q10: Haberler's Opportunity cost theory explains the doctrine
Q11: According to the Heckscher-Ohlin theory of trade,
Q12: Under constant opportunity cost, the production possibility
Q13: According to the theory of comparative advantage,
Q15: According to Adam Smith, free trade is
Q16: According to Ricardo, trade is possible between
Q17: David Ricardo believed that the international trade
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