Post Utme Futo 2025 Commerce Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Futo Commerce examination.

Post Utme Futo 2025 Commerce Objective / Multiple Choice
Question 28 POST_UTME_FUTO • 2025 • COMMERCE • objective

The concept of comparative advantage refers to the idea that a country should specialize in producing goods for which it has a lower opportunity cost. Which of the following is an example of comparative advantage?

Answer Options

A. A country producing goods for which it has a higher opportunity cost
Correct Answer B. A country producing goods for which it has a lower opportunity cost
C. A country producing goods for which it has an equal opportunity cost
D. A country producing goods for which it has a negative opportunity cost
Correct Answer
B
Correct Option:
A country producing goods for which it has a lower opportunity cost

About This Question

This is Post Utme Futo 2025 Commerce Question 28. It is one of the objective questions from the 2025 Post Utme Futo Commerce examination.

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