______ stresses on the 'relative cost difference' rather than 'absolute cost difference' between the goods as the basis for carrying out trade.
CA Foundation · Business Economics · MTP · June 2024
______ stresses on the 'relative cost difference' rather than 'absolute cost difference' between the goods as the basis for carrying out trade.
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. Theory of comparative advantage
Topics: Determination of National Income
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