Post Utme Mountain Top University 2017 Government Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Mountain Top University Government examination.

Post Utme Mountain Top University 2017 Government Objective / Multiple Choice
Question 27 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • GOVERNMENT • objective

The 'Ricardian Vice' is a concept in International Trade Theory that refers to the tendency of countries to specialize in the production of goods for which they have a comparative advantage. Which of the following is NOT a characteristic of the Ricardian Vice?

Answer Options

A. Increased trade between countries
B. Specialization in production of goods for which a country has a comparative advantage
Correct Answer C. Decreased trade between countries
D. Increased income inequality within countries
Correct Answer
C
Correct Option:
Decreased trade between countries

About This Question

This is Post Utme Mountain Top University 2017 Government Question 27. It is one of the objective questions from the 2017 Post Utme Mountain Top University Government examination.

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