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IT
Question Practice

Which of the following best describes the principle of comparative advantage?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Geography
Fundamentals of Human Geography
International Trade
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00087584

Which of the following best describes the principle of comparative advantage?

1

Producing all goods domestically

2

Specializing in goods that one can produce more efficiently

3

Avoiding any trade with other nations

4

Equal trading balances between nations

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