Multiple choice

Match the following ||| |---|---| | List - I| List - II| | 1. Principle of absolute advantage| (i) Rybezynski| | 2. Effects of factor endowment changes on trade| (ii) Samuelson| | 3. Theory of reciprocal demand| (iii) Adam Smith| | 4. Factor price equalisation theorem| (iv) J.S. Mill|

  1. 1 - (iii), 2 - (ii), 3 - (iv), 4 - (i)

  2. 1 - (iv), 2 - (ii), 3 - (i), 4 - (iii)

  3. 1 - (iii), 2 - (i), 3 - (iv), 4 - (ii)

  4. 1 - (iii), 2 - (iv), 3 - (ii), 4 - (i)
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Correct Answer: 1 - (iii), 2 - (i), 3 - (iv), 4 - (ii)

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