Post Utme Delsu 2022 Commerce Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Delsu Commerce examination.

Post Utme Delsu 2022 Commerce Objective / Multiple Choice
Question 36 POST_UTME_DELSU • 2022 • COMMERCE • objective

In a production economy, specialization occurs when a country focuses on producing a particular good or service in which it has a comparative advantage. What is the primary benefit of specialization in international trade?

Answer Options

A. Increased productivity
Correct Answer B. Improved resource allocation
C. Enhanced economic growth
D. Increased trade deficits
Correct Answer
B
Correct Option:
Improved resource allocation

About This Question

This is Post Utme Delsu 2022 Commerce Question 36. It is one of the objective questions from the 2022 Post Utme Delsu Commerce examination.

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