https://www.geekmcq.com/
CSS Solved Papers
Physics Chemistry

CSS :: Money Banking and International Trade


  Which among the following, is not an assumption of the classical - territory of comparative cost advantage?
[A]. Labour is the only factor of production[B]. Production takes place under diminishing returns
[C]. There are no tariffs[D]. Prices are determined by their real labour costs of production

Answer: Option B


Write your comments here:
Name *:     Email:

© 2012-2024 by GeekMCQ™ Technologies. All Rights Reserved | Copyright | Terms of Use & Privacy Policy | Referals

Contact us: info@geekmcq.com