Post Utme Ims U 2018 Geography Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Ims U Geography examination.

Post Utme Ims U 2018 Geography Objective / Multiple Choice

Question 33 POST_UTME_IMS_U • 2018 • GEOGRAPHY • objective

The economic concept of comparative advantage refers to

Correct Answer A. The ability of a country to produce a good at a lower opportunity cost than another country

B. The ability of a country to produce a good at a higher opportunity cost than another country

C. The ability of a country to consume a good at a lower price than another country

D. The ability of a country to produce a good at the same opportunity cost as another country

Correct Answer

Correct Option:

The ability of a country to produce a good at a lower opportunity cost than another country

This is Post Utme Ims U 2018 Geography Question 33. It is one of the objective questions from the 2018 Post Utme Ims U Geography examination.

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