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Questions › UGC-NET › UGC-NET 2024 › Q84
2 marksInternational Economics › Theories of international trade › The Heckscher-Ohlin modelHardabout 2 min

UGC-NET 2024 Question 84: Theories of international trade

Match List - I with List - II: List-I: (A) Labour capital ratio; (B) Labour intensive commodity; (C) Labour theory of value; (D) Labour saving technical progress List-II: (I) The price of a commodity is determined exclusively from its labour content; (II) The commodity with lower capital-labour ratio at all relative factor prices; (III) The amount of labour per unit of capital used; (IV) It increases the productivity of capital proportionately more than the labour

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Theories of international trade has come up 151 times in 6 exams since 2006.

What this question tests

This question is on The Heckscher-Ohlin model, part of Theories of international trade in International Economics.

Trade patterns explained by differences in factor endowments.

TestStop has 20 past-paper questions on this subtopic.

Take this paper as a timed mockMore on The Heckscher-Ohlin model

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