According to the Classical theory of international trade ? – McqOptions

MCQOPTIONS

1.	According to the Classical theory of international trade ?
A.	Only countries with low wages will export
B.	Only countries with high wages will import
C.	Countries with high wages will have higher prices
D.	All of the above are false
Answer» E.

Discussion

No Comment Found

Related MCQs

G. MacDougal compared export ratios and labor productivity ratios for the United States and the United Kingdom in order to test the:
If a country has a liner (downward sloping) production possibilities frontier, then production is said to be subjected to ?
According to the principle of comparative advantage ?
In autarky the relative price of wine, in terms of beer, in Country B is ?
Dynamic gains from trade could result from ?
G. MecDougall showed in his tests that ?
Under free trade, Canada would not realize any gains from trade with Sweden if Canada ?
In aukarky, when a community maximizes its standard of living, its production and consumption point is ?
Which countries terms of trade improved between 1990 and 2000 ?
In autarky, when a community maximizes its standard of living its production point is ?