International Economics MCQs and Notes
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Q 1. All are advantages of foreign trade EXCEPT:
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Q 2. According to Hecksher and Ohlin basic cause of international trade is:
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Q 3. If Japan and Pakistan start free trade, difference in wages in two countries will:
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Q 4. Net exports equal:
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Q 5. Foreign trade creates among countries:
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Q 6. Modern theory of international trade is based n the views of:
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Q 7. Trade between two countries can be useful if cost ratios of goods are:
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Q 8. Which is NOT an advantage of international trade:
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Q 9. Which of the following is international trade:
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Q 10. Theory of comparative advantage was presented by:
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