Post Utme Aaua 2017 Geography Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Aaua Geography examination.

Post Utme Aaua 2017 Geography Objective / Multiple Choice
Question 23 POST_UTME_AAUA • 2017 • GEOGRAPHY • objective

Using the concept of economic geography, explain the concept of comparative advantage.

Answer Options

Correct Answer A. Comparative advantage refers to the ability of a country to produce a good or service at a lower opportunity cost than another country.
B. Comparative advantage refers to the ability of a country to produce a good or service at a higher opportunity cost than another country.
C. Comparative advantage refers to the ability of a country to produce a good or service at the same opportunity cost as another country.
D. Comparative advantage refers to the ability of a country to produce a good or service at a lower price than another country.
Correct Answer
A
Correct Option:
Comparative advantage refers to the ability of a country to produce a good or service at a lower opportunity cost than another country.

About This Question

This is Post Utme Aaua 2017 Geography Question 23. It is one of the objective questions from the 2017 Post Utme Aaua Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support