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
| List I | List II | ||
| Theories of International Trade | Propounder (s) | ||
| (a) | Theory of Absolute Advantage | (i) | Raymond Vernon |
| (b) | Factor Proportion Theory | (ii) | Steffan Linder |
| (c) | Country Similarity Theory | (iii) | Heckscher Ohlin |
| (d) | Product Life Cycle Theory | (iv) | Adam Smith |
1
(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)
2
(a) - (iv), (b) - (ii), (c) - (iii), (d) - (i)
3
(a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)
4
(a) - (iii), (b) - (ii), (c) - (iv), (d) - (i)