Post Utme Futa 2020 Geography Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Futa Geography examination.

Post Utme Futa 2020 Geography Objective / Multiple Choice
Question 8 POST_UTME_FUTA • 2020 • GEOGRAPHY • objective

The economic concept of _______ refers to the idea that a country's standard of living is determined by its ability to produce goods and services.

Answer Options

A. Comparative Advantage
Correct Answer B. Absolute Advantage
C. Opportunity Cost
D. Gross Domestic Product
Correct Answer
B
Correct Option:
Absolute Advantage

About This Question

This is Post Utme Futa 2020 Geography Question 8. It is one of the objective questions from the 2020 Post Utme Futa Geography examination.

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