Economics · International Trade
Match List I (International Trade Theories) with List II (Expounders): List I: (A) Absolute Advantage (B) Factor Endowments (C) Factor-Intensity Reversal (D) Comparative Advantage List II: (I) David Ricardo (II) Minhas, Leontief et al. (III) Adam Smith (IV) Heckscher-Ohlin
- 1(A) - (III), (B) - (I), (C) - (II), (D) - (IV)
- 2(A) - (I), (B) - (IV), (C) - (II), (D) - (III)
- 3(A) - (III), (B) - (IV), (C) - (II), (D) - (I)✓
- 4(A) - (III), (B) - (II), (C) - (IV), (D) - (I)
Correct answer
(A) - (III), (B) - (IV), (C) - (II), (D) - (I)
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