Post Utme Caleb University 2022 Geography Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Caleb University Geography examination.

Post Utme Caleb University 2022 Geography Objective / Multiple Choice
Question 18 POST_UTME_CALEB_UNIVERSITY • 2022 • GEOGRAPHY • objective

The economic concept of 'comparative advantage' suggests that countries should specialize in producing goods for which they have a lower opportunity cost. Which of the following countries is likely to have a comparative advantage in producing textiles?

Answer Options

Correct Answer A. Country A, which has a large labor force and low labor costs
B. Country B, which has a small labor force and high labor costs
C. Country C, which has a large labor force and high labor costs
D. Country D, which has a small labor force and low labor costs
Correct Answer
A
Correct Option:
Country A, which has a large labor force and low labor costs

About This Question

This is Post Utme Caleb University 2022 Geography Question 18. It is one of the objective questions from the 2022 Post Utme Caleb University Geography examination.

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