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Reason (R): The need for import and export trade is explained by the principles of ‘Comparative Cost Theory’.
Codes:
(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true but R is not a correct explanation of A.
(c) A is true but R is false.
(d) A is false but R is true.
(a) Both A and R are true and R is the correct explanation of A.
A ................................................................
both a & r...........................................................................
(b) Both A and R are true but R is not a correct explanation of A.................................
>>>>>>>>>> (b) Both A and R are true but R is not a correct explanation of A.
(b) >>>>>>>>>>>>>>>>>> Both A and R are true but R is not a correct explanation of A.