Business Environment and International Business Socio-cultural factors and their influence on business Theories of international trade
Match List I with List II:
| List I | List II (International Trade Theories) | ||
| (A) | David Ricardo (1817) | (I) | Theory of absolute advantage |
| (B) | Michael Porter (1990) | (II) | Factor endowment theory |
| (C) | Adam Smith (1776) | (III) | Theory of comparative advantage |
| (D) | Heckscher (1919) - Ohlin (1933) | (IV) | Theory of competitive advantage |
Choose the correct answer from the options given below:
1
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
2
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
3
(A) - (IV), (B) - (III), (C) - (II), (D) - (I)
4
(A) - (III), (B) - (IV), (C) - (II), (D) - (I)