The theory of international trade is based on?

A. Principles of management B. Principles of comparative cost C. Principle of double entry D. Theory of migration Correct Answer: Option B B. Principles of comparative cost Explanation International trade is based on the principle of comparative cost advantage that...

An example of vertical integration is?

A. Trust B. Cartel C. Merger D. Price Ring Correct Answer: Option A A. Trust Explanation Trust is an amalgamation of different competing firms in different lines of business under single management. It is vertically integrated in...

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