Economics MCQs – Certification Test 144

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MCQ 144: If one country has an absolute advantage in operating call centers compared to the other country because of it's low cost of labor and low labor force is a best example of:

comparative advantage
mercantilism
absolute advantage
comparative disadvantage

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Economics Quiz App & e-Book – Mercantilist's View on Trade Certification Guide

Between Monopoly and Perfect Competition Test 155

Different Kinds of Goods Test 156

Consumer Surplus Test 157

What is Competitive Market? Test 158

Trade can make everyone better off Test 159

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Balance of Payments Accounting Principles Test 162

Income Determination in Closed Economy Test 163

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