Post Utme Unilorin 2017 Commerce Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2017 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UNILORIN • 2017 • COMMERCE • objective
Post Utme Unilorin 2017 Commerce Question 27 diagram

The diagram below represents a production possibility frontier (PPF) for two countries, Nigeria and South Africa. Which of the following statements is true?

Answer Options

A. Nigeria has a comparative advantage in producing both goods
B. South Africa has a comparative advantage in producing both goods
C. Nigeria has a comparative advantage in producing good X and South Africa has a comparative advantage in producing good Y
Correct Answer D. South Africa has a comparative advantage in producing good X and Nigeria has a comparative advantage in producing good Y
Correct Answer
D
Correct Option:
South Africa has a comparative advantage in producing good X and Nigeria has a comparative advantage in producing good Y

About This Question

This is Post Utme Unilorin 2017 Commerce Question 27. It is one of the objective questions from the 2017 Post Utme Unilorin Commerce examination.

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