MCQs: What does the modern theory of international trade predict regarding difference in factor prices between nations on account of trade? The difference:
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MCQs: The multiple exchange rates were first employed by:
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MCQs: Which of the following statements is not correct?
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MCQs: Under the flexible exchange rate system, the exchange rate is determined by:
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MCQs: The elasticity of demand for foreign exchange for financing capital outflow is:
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MCQs: The foreign exchange market performs the function of:
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MCQs: According to the Heckscher-Ohlin theory of international trade the most important cause of differences in relative commodity pries and trade between nations is the differences in:
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MCQs: On which of the following is the law of comparative costs based?
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MCQs: Which among the following, is not an assumption of the classical - territory of comparative cost advantage?
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MCQs: Developing countries usually complain of:
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MCQs: Adam Smith's views on world trade can be best understood if one considers them as a reaction to:
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MCQs: What proportion of international trade is based on absolute differences in costs of production?
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MCQs: Which of the following is generally regarded as the true index of economic growth?
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MCQs: The concept of economic growth is:
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MCQs: Which of the following is not an indicator of economically underdeveloped countries?
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MCQs: The rate of growth of an economy mainly depends upon:
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MCQs: Among the following determinants of growth, which is a non-economic factor?
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MCQs: Besides increase in output, economic development is concerned with:
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MCQs: The stationary state as envisaged by Adam Smith, is marked by:
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MCQs: Which of the following is inconsistent with Adam Smith's theory of development?
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