Home / Aptitude Tests / Economics / Which of the followi...

Which of the following are the advantages of Nigeria'...

Which of the following are the advantages of Nigeria's membership of ECOWAS?

I. A greater opportunity for trade according to comparative cost advantage.

II. A large market industries producing under condition of decreasing cost.

III. Competition for home based monopoly FIRMS.

A.

I and II only

B.

I and III only

C.

II and III only

D.

I, II and III

Correct answer is A

No explanation has been provided for this answer.