Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business Socio-cultural factors and their influence on business Theories of international trade
Match List I with List II.
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LIST I International Trade theories |
LIST II Theory Propoundness |
||
|
(A) |
Factor Endowmwnt theory |
I. |
Adam Smith |
|
(B) |
Product life cycle thoery |
II. |
Michel Porter |
|
(C) |
Absolute cost advantages theory |
III. |
Hecksher and ohin |
|
(D) |
Competitive advantage theory |
IV. |
Reymond Vernon |
Choose the correct answer from the options given below:
1
A - I, B - III, C - II, D - IV
2
A - III, B - IV, C - I, D - II
3
A - II, B - IV, C - I, D - III
4
A - IV, B - I, C - III, D - II