Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Studies Finance and Trade International Trade
Identify the correct sequence of development of the following theories of international trade.
A. Absolute Advantage Theory
B. Factor Proportions Theory (Heckscher-Ohlin Theory)
C. Comparative Advantage Theory
D. New Trade Theory
E. Mercantilism
Choose the correct answer from the options given below:
1
E - A - C - B - D
2
A - C - B - E - D
3
C - A - B - D - E
4
D - B - C - A - E