Economics · International Trade Theories
Match List-I (Economists) with List-II (Theories) and select the correct option: List-I I. Adam Smith II. David Ricardo III. F.W. Taussig IV. Heckscher and Ohlin List-II (a) The Theory of Wages (b) The Theory of Relative Factor Endowments (c) The Theory of Absolute Cost Advantage (d) The Theory of Comparative Cost Advantage
- 1I-(b), II-(d), III-(a), IV-(c)
- 2I-(c), II-(d), III-(a), IV-(b)✓
- 3I-(c), II-(a), III-(d), IV-(b)
- 4I-(d), II-(c), III-(b), IV-(a)
Correct answer
I-(c), II-(d), III-(a), IV-(b)
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