Post Utme Rhema University 2023 Commerce Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2023 Commerce Objective / Multiple Choice
Question 19 POST_UTME_RHEMA_UNIVERSITY • 2023 • COMMERCE • objective

In the context of production and specialization, which of the following is an example of a comparative advantage?

Answer Options

Correct Answer A. A country producing a good at a lower opportunity cost than another country
B. A country producing a good at a higher opportunity cost than another country
C. A country producing a good at the same opportunity cost as another country
D. A country producing a good at a higher quantity than another country
Correct Answer
A
Correct Option:
A country producing a good at a lower opportunity cost than another country

About This Question

This is Post Utme Rhema University 2023 Commerce Question 19. It is one of the objective questions from the 2023 Post Utme Rhema University Commerce examination.

View More Post Utme Rhema University 2023 Commerce Questions More Post Utme Rhema University Practice Questions Back to Questions

Master the Exam!

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