Economics · International Trade
According to the law of comparative advantage, trade will not be beneficial for both countries if: (A) One nation is less efficient than the other in producing both commodities. (B) One nation has an absolute advantage in both commodities. (C) The opportunity cost of producing both commodities is the same in both countries. (D) The absolute disadvantage is the same in both commodities.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1(B) and (C) only
- 2(C) and (D) only✓
- 3(A) and (B) only
- 4(A) only
Correct answer
(C) and (D) only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice International Trade MCQs →Want more practice questions on International Trade?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · International Trade