The theory of _____ encourages foreign trade. – McqOptions

MCQOPTIONS

1.	The theory of _____ encourages foreign trade.
A.	Absolute advantage
B.	comparative cost
C.	Opportunity cost
D.	None of the above
Answer» C. Opportunity cost

Discussion

No Comment Found

Related MCQs

Arrange the following organisations in the increasing order of their establishment year. I. International Finance Corporation II. International Monetary Fund III. International Development Association IV. Asian Development Bank Codes
Match the following List I (Organisations) List II (Years of Establishment) A. International Finance Corporation 1. 1966 B. Asian Development Bank 2. 1945 C. International Monetary Fund 3. 1944 D. World Bank 4. 1956 Codes
The WTO covers
Match the following List I (Concepts) List II (Advantages) A. International Monetary Fund 1. Risk factor is always extremely high B. International Finance Corporation 2. It has failed to achieve of eliminating foreign exchange restrictions C. Foreign Direct Investment 3. It may transfer technology, which has become outdated in other country D. MNCs for the host country 4. It charges very high interest rates Codes
........is a negotiating, committing and controlling organisation.
.........is an exclusive right to control the publication, distribution and adaptation of creative works.
The World Bank and the IDA are......... International Financial Institutions.
The headquarters of IMF is located at
Countries joining World Bank after 31st December, 1945 come under category of
One Governor and one substitute Governor of World Bank is appointed for