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Wednesday, 06 May 2026
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The principle of comparative advantage encourages a country to ____________

The principle of comparative advantage encourages a country to ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Produce only consumer goods
  • B Engage in trade if it can produce a commodity at a lower cost
  • C Specializes in the production of all goods
  • D Try as much as possible to be self-sufficient
Correct Answer: Option B
Explanation:
Comparative advantage is the edge a country has over its trading partners in the production of a particular good or service at a lower opportunity cost.

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