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The Theory Of Comparative Advantage States That A Commodity Should Be Produced In That Nation Where The? - Erudites Academy

The theory of comparative advantage states that a commodity should be produced in that nation where the?

by | Oct 28 | Economics JAMB | 0 comments

A. Absolute cost is least
B. Absolute money cost is least
C. Opportunity cost is least
D. Production possibility curve increases

Correct Answer:

Option C – Opportunity cost is least

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