Witryna1 kwi 2024 · 3. Land as a factor of production is immobile A. Within the region. B. Between the countries. C. Within the nation. D. In all cases. ANSWER: D. 4. Immobility of labour among nations is A. Absolute. B. Relatively of a higher degree than … Witryna(a) immobility of labour (b) lack of production capacity (c) low wage rate (d) none of these Ans: A. Q.19 Structural unemployment occurs due to: (a) change in technology (b) when factors (other than labour) are in shortage (c) both (a) and (b) (d) none of these Ans: C. Q.20 Natural unemployment occurs due to: (a) shortage of factors of production
MCQ Questions for Class 12 Economics Unit 6 Development Experience ...
WitrynaAs remarked by Friedrich List, “Domestic trade is among us, international is between us and them.”. 9. Different national policies: Another difference between interregional and international trade arises from the fact that policies relating to commerce, trade, taxation, etc. are the same within a country. WitrynaASEAN refers to the a. Association of South East Agro Nations. b. Association of South East Asian Nations. c. Alliance of South East Asian Neighbors. d. Alliance of South … dysart bowling club kirkcaldy
Labor Immobility and Technological Unemployment - JSTOR
WitrynaFollowing are some of the international trade and finance multiple choice questions and answers that will help the students in brushing up their understanding of the concept of international trade and finance. Q1. Trade between two countries can be useful if cost ratios of goods are: A. Undetermined. B. Decreasing. Witryna13 lut 2024 · The Heckscher-Ohlin theory is based on the following assumption-. (i) There are two countries, two commodities and two factors of production (2×2×2 model). (ii) Perfect competition prevails in both factor and product market. (iii) There is full employment of resources. (iv) Factor intensities are non reversible. WitrynaApril 19, 2024 ·. International Trade Related MCQs. 1. Which of the following is international trade: A. Trade between provinces B. Trade between regions. C. Trade … dysart boutique hotel cape town