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Jagdish Yadav

· started a discussion

· 1 Months ago

here the context is capital and labpitalour (Question: 355959.4 )

Capital can't be moved cause it isn't a tangible thing and transfer of labour and capital can well be done. I think in the given context of the passage the meaning of Mobile should be Transferable.

Question:

DIRECTIONS: Read the passages carefully and choose the most appropriate answer to the questions out of the four alternatives.


International trade represents a significant share of Gross Domestic Product (GDP). While international trade has been present throughout much of history, its economic, social and political importance has been on the rise in recent centuries.


Industrialisation, advances in technology, transportation, globalisation, multinational corporations, and outsourcing are all having a major impact on the international trade system. Increasing international trade is crucial to the continuance of globalisation. International trade is, in principle, not different from domestic as the motivation and the behaviour of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. Another difference between domestic and international trade is that factors of production such as capital and labour are typically more mobile within a country than across countries.

What is the synonym of ‘mobile’?

Options:
A) Versatile
B) Moveable
C) Changeable
D) Transferable
Solution:

Solution: (b)

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