Multiple Choice
Factor abundance can be explained using
A) Demand curve
B) Supply curve
C) Tangent
D) PPC
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: According to H-O theory, International trade is,
Q6: Total amount of labor in Nation 1
Q7: Ricardian theory has -------countries and commodities<br>A)32<br>B)23<br>C)24<br>D)22
Q8: According to Adam Smith, international trade is
Q9: Comparative Advantage is expressed in ------- <br>A)Absolute Cost<br>B)Variable
Q11: Factor intensity is measured in -------terms<br>A)Absolute Cost<br>B)Factor
Q12: If,England 1 wine = 1/2 cloth and
Q13: England 1 unit wine =1/2unit cloth, Portugal
Q14: A nation is capital abundant if<br>A)PK1/PL1 <
Q15: No change in technology, no transport cost,