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    5. List – I List – II a. Law of Absolute Cost Advantage 1. Haberler b. Doct

    Question

    List – I List – II a. Law of Absolute Cost Advantage 1. Haberler b. Doctrine of Comparative Cost Advantage 2. HescherOhlin c. Modern Theory of International Trade 3. Adam Smith d. Opportunity Cost Principle 4. Ricardo Codes: a b c d
    A 4 2 1 3 Correct Answer Incorrect Answer
    B 3 4 2 1 Correct Answer Incorrect Answer
    C 2 3 4 1 Correct Answer Incorrect Answer
    D 1 4 3 2 Correct Answer Incorrect Answer
    E 3 4 1 2 Correct Answer Incorrect Answer

    Solution

    a)3, b) 4, c) 2, d) 1

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