Economics · International Trade
The New Trade Theory (NTT) primarily emphasizes which factor in shaping international trade patterns?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Constant returns to scale in perfectly competitive markets
- 2Absolute labor productivity differences alone
- 3Increasing returns to scale and network effects✓
- 4Absolute advantage based solely on natural resource differences
Correct answer
Increasing returns to scale and network effects
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice International Trade MCQs →Want more practice questions on International Trade?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · International Trade