Millionaire Mode

International Trade and Development Economics

Question 1 of 15

According to the theory of comparative advantage, countries should specialize in producing and exporting goods for which they have a(n):

  1. Absolute advantage
  2. Comparative advantage
  3. Opportunity cost
  4. Marginal cost

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