Post Utme Veritas University 2021 Geography Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Veritas University Geography examination.

Post Utme Veritas University 2021 Geography Objective / Multiple Choice
Question 7 POST_UTME_VERITAS_UNIVERSITY • 2021 • GEOGRAPHY • objective

A firm producing textiles in a developing country is considering relocating to a country with a lower labor cost. Which of the following economic concepts is most relevant to this decision?

Answer Options

Correct Answer A. Comparative Advantage
B. Opportunity Cost
C. Gross Domestic Product
D. Human Development Index
Correct Answer
A
Correct Option:
Comparative Advantage

About This Question

This is Post Utme Veritas University 2021 Geography Question 7. It is one of the objective questions from the 2021 Post Utme Veritas University Geography examination.

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