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Q. England 1 unit wine =1/2unit cloth, Portugal 1 unit wine = 1 unit cloth. This is an example of

Q. _ _ is a feature of the foreign exchange market which enables an investor to earn high returns.

Q. Comparative Advantage theory is based on _ value

Q. The referendum for Brexit was held on _ .

Q. International trade is the result of an advantage country possesses in producing a particular commodity at a _

Q. Who aid the following, " The esence of international trade is not the absolute difference in cost but a comparative difference in cost."

Q. H-o Theory s based on value theory.

Q. The relative version is considered to be _ to absolute version.

Q. Euro is the official currency for _ _ member countries of European Union.

Q. When total exports are more than total imports then current account of balance of payment is in _ .