Match the following and choose the correct answer from the options given below :
|
List – 1 |
List – 2 |
||
|
i. |
Smith |
1. |
Lable product cycle |
|
ii. |
MacDougall |
2. |
Absolute advantage |
|
iii. |
Vernon |
3. |
Factor proportion hypothesis |
|
iv. |
Hechscher - Ohlin |
4. |
Tested classical comparative advantage theory |
1
i – 1; ii – 2; iii – 3; iv – 4
2
i – 2; ii – 4; iii – 1; iv – 3
3
i – 3; ii – 1; iii – 4; iv – 2
4
i – 4; ii – 3; iii – 2; iv – 1