Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business
Which of the following is not the characteristics of theory of comparative cost advantage?
A. There is full employment of the factors of production
B. There are two countries, two commodities and two factors of production
C. There are two countries, two commodities and one factor of production
D. There is absence of transportation cost
E. The countries are capital intensive only.
Choose the correct answer from the options given below:
1
A, B, C Only
2
B, C, D Only
3
A, C, D Only
4
A, B, E Only