Post Utme Ims U 2022 Geography Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Ims U Geography examination.

Post Utme Ims U 2022 Geography Objective / Multiple Choice
Question 29 POST_UTME_IMS_U • 2022 • GEOGRAPHY • objective

The economic concept of comparative advantage refers to a country's ability to produce a good or service at a lower opportunity cost than another country. Which of the following is an example of comparative advantage?

Answer Options

Correct Answer A. A country producing a good that it is relatively more efficient at producing
B. A country producing a good that it is relatively less efficient at producing
C. A country producing a good that it has a comparative advantage in
D. A country producing a good that it has a comparative disadvantage in
Correct Answer
A
Correct Option:
A country producing a good that it is relatively more efficient at producing

About This Question

This is Post Utme Ims U 2022 Geography Question 29. It is one of the objective questions from the 2022 Post Utme Ims U Geography examination.

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