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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MCQs: The division of labour, according to Adam Smith, is limited by:
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MCQs: Among the various determinants of the growth of national wealth Adam Smith accorded central place to:
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MCQs: Who put forward the theory of social dualism?
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MCQs: Who coined the phrase 'demonstration effect'?
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MCQs: To achieve full economic growth, Malthus laid special emphasis on the proper combination of:
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MCQs: What according to Malthus puts a stop to the growth process?
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