MOST IMPORTANT MCQ
INTERNATIONAL BUSINESS
COMMERCE / MANAGEMEN
LIVE SESSION BY SUMANT SIR
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,COURSES FOR JUNE 2020
PAPER 2 (COMMERCE / MANAGEMENT)
UNIT SNAPSHOT NOTES FREE
UNITWISE PAST PAPERS (EXPLAINED) ₹599
TEST SERIES (3500+ MCQ’s) ₹1,899 ₹1,499
PRACTICAL UNITS VIDEO COURSE ₹4,999 ₹4,099
FULL VIDEO COURSE ₹9,999 ₹7,999
ALL PAPER 2 COURSES COMBO ₹12,499 ₹8,999
PAPER 1 (GENERAL PAPER)
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, Question
Q1. The theory of comparative advantage has been propounded by:
a) Adam Smith
b) Michael E. Porter
c) Eli Heckscher
d) David Ricardo
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, Theories of International Trade
Adam Smith's Absolute Advantage Theory says that one country would have an absolute advantage
other if it can produce same amount of goods with fewer resources.
Porter Diamond, properly referred to as the Porter Diamond Theory of National Advantage, is a mod
designed to help understand the competitive advantage that nations or groups possess.
Heckscher-Ohlin model is an economic theory that proposes that countries export what they c
efficiently and plentifully produce.
David Ricardo developed the classical theory of comparative advantage in 1817 to explain why
engage in international trade even when one country's workers are more efficient at producing every sin
than workers in other countries.
www.everstudy.co.in
INTERNATIONAL BUSINESS
COMMERCE / MANAGEMEN
LIVE SESSION BY SUMANT SIR
www.everstudy.co.in
,COURSES FOR JUNE 2020
PAPER 2 (COMMERCE / MANAGEMENT)
UNIT SNAPSHOT NOTES FREE
UNITWISE PAST PAPERS (EXPLAINED) ₹599
TEST SERIES (3500+ MCQ’s) ₹1,899 ₹1,499
PRACTICAL UNITS VIDEO COURSE ₹4,999 ₹4,099
FULL VIDEO COURSE ₹9,999 ₹7,999
ALL PAPER 2 COURSES COMBO ₹12,499 ₹8,999
PAPER 1 (GENERAL PAPER)
MINI COMBO PACK ₹999 ₹799
www.everstudy.co.in
, Question
Q1. The theory of comparative advantage has been propounded by:
a) Adam Smith
b) Michael E. Porter
c) Eli Heckscher
d) David Ricardo
www.everstudy.co.in
, Theories of International Trade
Adam Smith's Absolute Advantage Theory says that one country would have an absolute advantage
other if it can produce same amount of goods with fewer resources.
Porter Diamond, properly referred to as the Porter Diamond Theory of National Advantage, is a mod
designed to help understand the competitive advantage that nations or groups possess.
Heckscher-Ohlin model is an economic theory that proposes that countries export what they c
efficiently and plentifully produce.
David Ricardo developed the classical theory of comparative advantage in 1817 to explain why
engage in international trade even when one country's workers are more efficient at producing every sin
than workers in other countries.
www.everstudy.co.in
