Assertion (A) : Comparative cost theory is static in character.
Reason (R) : Comparative cost theory is based on fixed supplies of factors of production.
| A. | (A) is correct, but (R) is incorrect. |
| B. | (R) is correct, but (A) is incorrect. |
| C. | (A) and (R) both are correct, but (R) is not the correct explanation of (A). |
| D. | (A) and (R) both are correct and (R) is the correct explanation of (A). |
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Option: D Explanation : Click on Discuss to view users comments. |
| A. | i iv ii iii |
| B. | i ii iii iv |
| C. | iii ii iv i |
| D. | iv iii ii i |
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Option: C Explanation : Click on Discuss to view users comments. |
| A. | GATS |
| B. | TRIMS |
| C. | TRIPS |
| D. | MFN |
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Option: D Explanation : Click on Discuss to view users comments. |
| A. | (a) and (b) |
| B. | (c) |
| C. | (d) |
| D. | (a) and (c) |
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Option: B Explanation : Click on Discuss to view users comments. |
| A. |
Export performance (FOB/FOR) of US $ 100 million during current and previous two years.
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| B. |
Export performance (FOB/FOR) of US $ 500 million during current and previous two years.
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| C. |
Export performance (FOB/FOR) of US $ 1000 million during current and previous two years.
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| D. |
Export performance (FOB/FOR) of US $ 2000 million during current and previous two years.
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Option: D Explanation : Click on Discuss to view users comments. |
