CSS :: Money Banking and International Trade
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81. |
Adam Smith's views on world trade can be best understood if one considers them as a reaction to: |
A. |
The mercantilist approach to trade |
B. |
Ricardo's views on trade |
C. |
The labour theory of value |
D. |
None of the above |
Answer: Option B
Explanation:
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82. |
What proportion of international trade is based on absolute differences in costs of production? |
A. |
All |
B. |
Substantial |
C. |
Very little |
D. |
Nil |
Answer: Option B
Explanation:
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