Which of the Following Is Not a Classical Country-Based Theory

question 42

Multiple Choice

Which of the following is not a classical country-based theory?

• A)mercantilism
• B)comparative advantage
• C)national competitive advantage
• D)absolute advantage
• E)Heckscher-Ohlin

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Definitions:

Security Interest

A legal claim or right granted by a debtor to a creditor over the debtor's property as security for a loan or obligation.

Perfection

In finance, the act of securing a priority interest in the collateral among creditors concerning the same collateral or property.

Mechanic Lien

A legal claim against a property by a contractor or repairman for unpaid work, securing payment for services rendered.

Perfected Security

A security interest in a collateral that is legally binding and has been properly filed or registered, affording the creditor priority over other claimants.