Post Utme Eksu 2018 Commerce Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Eksu Commerce examination.

Post Utme Eksu 2018 Commerce Objective / Multiple Choice
Question 32 POST_UTME_EKSU • 2018 • COMMERCE • objective

The concept of comparative advantage is based on the idea that countries should specialize in producing goods for which they have a

Answer Options

A. absolute advantage
Correct Answer B. comparative advantage
C. opportunity cost
D. law of diminishing returns
Correct Answer
B
Correct Option:
comparative advantage

About This Question

This is Post Utme Eksu 2018 Commerce Question 32. It is one of the objective questions from the 2018 Post Utme Eksu Commerce 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