Millionaire Mode

Trade and Competition Policy

Question 1 of 13

Which economic theory suggests that countries should specialize in producing goods in which they have a comparative advantage?

  1. Mercantilism
  2. Absolute Advantage Theory
  3. Comparative Advantage Theory
  4. Protectionism

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000