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
The theory suggesting that the patterns of international trade are determined by factor endowment rather than productivity was propounded by which one of the following?
1
Adam Smith
2
David Ricardo
3
Heckscher and Bertil Ohlin
4
Michael Porter