Economics WAEC

The comparative cost of doctrine of international trade means specialization in production according to?
The comparative cost of doctrine of international trade means specialization in production according to?The comparative cost of doctrine of international trade means specialization in production according to?

A. absolute cost advantage
B. absolute cost disadvantage
C. comparative cost disadvantage
D. comparative cost advantage
E. the availability of labour

Correct Answer:

Option D – comparative cost advantage

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5 years ago

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