Post Utme Unilorin 2025 Economics Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2025 Economics Objective / Multiple Choice
Question 10 POST_UTME_UNILORIN • 2025 • ECONOMICS • objective

U\sing the concept of comparative advantage, explain why a country should specialize in producing goods for which it has a lower opportunity \cost.

Answer Options

Correct Answer A. Because it will be able to produce more goods at a lower \cost.
B. Because it will be able to export more goods and earn a higher income.
C. Because it will be able to import more goods and reduce its trade deficit.
D. Because it will be able to reduce its unemployment rate.
Correct Answer
A
Correct Option:
Because it will be able to produce more goods at a lower \cost.

About This Question

This is Post Utme Unilorin 2025 Economics Question 10. It is one of the objective questions from the 2025 Post Utme Unilorin Economics examination.

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