Question 27
Question 27 of 29
Question image for Q27
Sorry, no answer for this MCQ is available at this moment.
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
3. Microeconomic decision...
3.6. Firms and production

The reasons for adopting the different forms of production and their advantages and disadvantages.

6. International trade an...
6.1. International specialisation

Advantages and disadvantages of specialisation at a national level for consumers, firms and the economy.