Who among the following propounded the opportunity cost theory of international trade ?
Gottfried Haberler formulated the opportunity-cost approach to international trade. It expresses comparative advantage through the output forgone when resources are…
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Who among the following propounded the opportunity cost theory of international trade ?
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Correct answer C
Gottfried Haberler formulated the opportunity-cost approach to international trade. It expresses comparative advantage through the output forgone when resources are redirected between goods.
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RPSC School Lecturer (School Education)