A. no country can live in economic isolation
B. different countries are endowed with the same nature; and man-made resources
C. some countries have comparative cost advantage in the production of certain commodities
D. the world demand for and supply of various categories of commodities is expanding very fast
E. countries want to build up their foreign exchange reserve
Correct Answer:
Option C – some countries have comparative cost advantage in the production of certain commodities
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…