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Q. Hecksher-Ohlin theory states that the relative factor prices in two countries are determined by ________________.

Q. Forward market in foreign exchange refers to ________________ market.

Q. The ________________ was signed to create the EU in 1993.

Q. When supply of exports is elastic, a country will have ________________ terms of trade.

Q. Ricardian theory assumes that labour is ________________ within the country.

Q. Tariff rate quotas are ________________

Q. ________________ of goods results in demand for foreign currency.

Q. The highest authority of WTO is ________________.

Q. The function of foreign exchange market that helps in clearing international transactions is known as ________________.

Q. Which of the following is not a NTB?