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

Q. According to Classical economists, _ is the reason for a country to specialie in the production of a commodity

Q. TRIPs deals with _ .

Q. Transaction where the exchange of currencies take place on the same date is known as

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

Q. _ _ introduced the concept of Gross barter terms of trade

Q. TRIPS (trade-related aspects of intellectual property rights) agreement is administered by

Q. Two countries can gain from foreign trade if

Q. WTO replaced GATT and came into existence on

Q. _ term long run disequilibrium as fundamental disequilibrium .