Post Utme Unn 2019 Commerce Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Unn Commerce examination.

Post Utme Unn 2019 Commerce Objective / Multiple Choice
Question 17 POST_UTME_UNN • 2019 • COMMERCE • objective

The concept of comparative advantage is based on the idea that countries should specialize in producing goods for which they have a?

Answer Options

A. Absolute advantage
B. Opportunity cost
Correct Answer C. Comparative advantage
D. Absolute disadvantage
Correct Answer
C
Correct Option:
Comparative advantage

About This Question

This is Post Utme Unn 2019 Commerce Question 17. It is one of the objective questions from the 2019 Post Utme Unn Commerce examination.

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