Viner has devised another concept called the “Single factoral terms of trade”.
A. Both (i) and (ii) are false
B. Both (i) and (ii) are true
C. (i) is true but (ii) is false
D. (i) is false but (ii) is true
Answer:B
Viner has devised another concept called the “Single factoral terms of trade”.
A. Both (i) and (ii) are false B. Both (i) and (ii) are true C. (i) is true but (ii) is false D. (i) is false but (ii) is true