Question 17

International trade is necessary mainly because

  • A.no country can live in economic isolation
  • B.different countries are endowed with the same natural; and man-made resources
  • C.some countries have comparative cost advantage in the production of certain commodities
  • D.the world demand for and supply od various categories of commodities is expanding very fast
  • E.countries wants to build up their foreign exchange reserve
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1991
Question no.
#17
Type
Objective

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