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Hecksher Ohlin theory

Authored by BHALCHANDRA KARBHARI

Social Studies

University

Used 3+ times

Hecksher Ohlin theory
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hecksher Ohlin theory is known as..... Theory of international trade.

Modern

Classical

Opportunity cost

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Factor endowment theory of international trade developed by

Adam Smith

Hecksher Ohlin

David Ricardo

Alfred Marshall

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

HO theory explained the modern theory of trade in terms of....

Factor intensity

Factor abundance

Factor endowment

All the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The countries which are rich in labour (Labour intensive) will export ..........intensive

goods according to HO theory.

Labor

Capital

Machine

All the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The countries which are rich in ............ will export capital intensive goods

only due to their factor endowment (abundance).

Capital

Labor

Water

Food grain

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

With the help of digram answer the question.

Capital is relatively cheper in country A

Capital is relatively cheper in country B

Capital is relatively costly in country A

All the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Answer the question with the help of digram

CD curve shows that country is labour abundant country.

B curve shows that country is labour abundant country.

CD curve shows that country is capital abundant country.

All the above

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