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The basis for international trade is embedded in the principle of

The basis for international trade is embedded in the principle of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Absolute advantage
  • B Globalization
  • C Deregulation
  • D Comparative advantage
Correct Answer: Option D
Explanation:
A person has a comparative advantage at producing something if he can produce it at lower cost than anyone else. This is one of the basis of international trade

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