Q.
1

List I

List II

(Theoretical Foundation of Global Trade) (Economists)
A. Absolute cost advantage I. Michael Porter
B. Factor endowment theory II. David Ricardo
C. National competitive advantage III. Hecksher and Ohlin
D. Comparative cost advantage IV. Adam smith

Identify correct match from the following:

  • A
    A-IV B-III C-I D-II
  • B
    A-III B-II C-I D-IV
  • C
    A-I B-IV C-III D-II
  • D
    A-III B-IV C-II D-I