Multiple Choice
Haberler's Opportunity cost theory explains the doctrine of comparative cost in terms of
A) The saving's curve
B) The consumption curve
C) The substitution curve
D) The supply curve
Correct Answer:

Verified
Correct Answer:
Verified
Q7: The production possibility curve under increasing opportunity
Q8: Among the difference between inter-regional and international
Q9: The basic of international trade according to
Q10: Under constant opportunity cost, the production possibility
Q11: According to the theory of comparative advantage,
Q13: The theory of comparative advantage in international
Q14: In Ricardian theory of international trade, the
Q15: According to Adam Smith, diversification of labour
Q16: Adam Smith favoured<br>A)Free trade among nations<br>B)Regulation of
Q17: David Ricardo believed that the international trade