List of top Economics Questions on International Trade Theories asked in CUET (PG)

Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: According to Ricardo's theory a country can benefits from trade even if it has an absolute disadvantage in the production of all the goods. Reason R: What matters for trade is comparative advantage which depends on relative not absolute cost differences.
The Heckscher-Ohlin theory states that the trade arises due to difference in
Which of the following is not the correct assumption of the Heckser-Ohlin theory of international trade?
Which of the following is not correct about the offer curves?

Arrange the following authors and their publications in chronological order starting from the oldest to latest: 

(A) P A Samuelson, "International Trade and Equalization of Factor Prices" 
(B) S B Linder, "An Essay on Trade and Transformation" 
(C) Eli Heckscher, "The effect of Foreign Trade on the Distribution of Income" 
(D) B Balassa, "Trade Creation and Trade Diversion in European Common Market" 
Choose the correct answer from the options given below: 
 

Arrange the following theories in chronological order, starting from oldest to the latest: 

(A) The Rybczynski Theorem 
(B) Product Cycle Model 
(C) Technological Gap Model 
(D) Specific Factor Model 
Choose the correct answer from the options given below: 
 

According to the law of comparative advantage, trade will not be beneficial for both countries if 

(A) One nation is less efficient than the other nation in the production of both commodities. 
(B) One nation has an absolute advantage with respect to the other nation in the production of both commodities. 
(C) The opportunity cost of producing both the commodities is the same in both countries. 
(D) The absolute disadvantage that one nation has with respect to the other nation is the same in both commodities. 
Choose the correct answer from the options given below: