Post Utme Abu 2017 Commerce Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Abu Commerce examination.

Post Utme Abu 2017 Commerce Objective / Multiple Choice
Question 1 POST_UTME_ABU • 2017 • COMMERCE • objective

In the context of production and specialization, what is the primary advantage of a country specializing in the production of a particular good?

Answer Options

A. Increased labor productivity
Correct Answer B. Improved resource allocation
C. Enhanced consumer welfare
D. Increased government revenue
Correct Answer
B
Correct Option:
Improved resource allocation

About This Question

This is Post Utme Abu 2017 Commerce Question 1. It is one of the objective questions from the 2017 Post Utme Abu Commerce examination.

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