The assumptions of the principles of comparative cost adv...
The assumptions of the principles of comparative cost advantage is based on
I. Absence of Trade Restrictions
II. No transport costs
III. Constant technology
II & III only
I & II only
I, II & III only
II only
III only
Correct answer is B
No explanation has been provided for this answer.
Air is essential to life but commands no price! Diamond is not essential to life but commands a h...
Gains from trade depends on ...
A carpenter's consumer goods includes I. a kilogram of rice II.3 pairs of shoes III. 4 pairs ...
The most important quality of money is that it must be ...
Maximum wage legislation seeks to ...
In a country with large population of full-time house wives, national income ...
The profit of a monopolist can be eliminated where price equals ...