CIMAPRA17-BA1-1 Exam - Topic 1 Question 27 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 27
Topic #: 1

According to the principle of comparative advantage which of the following explains how country V may benefit from international trade?

ASpecialisation and international trade will only be successful if tariffs are used to protect country V's economy.

BJobs historically done by country V's nationals have been off-shored to countries with cheaper labour costs.

CCountry V can specialise in exporting oil which it can produce relatively cheaply, and import goods.

DCountry V will only benefit from international trade if another country loses.

Show Suggested Answer

Suggested Answer: C

by Lonna at May 04, 2022, 02:32 PM

Limited Time Offer

25%

5 months ago

I think C makes the most sense. Specialisation is key!

upvoted 0 times

...

I think the key here is to focus on the differences between HPE Ezmerai and engineered Kubernetes distributions like OpenShift. The question is asking for an advantage, so I'll need to identify what makes Ezmerai stand out.

upvoted 0 times

...

Juliana

5 months ago

I'm pretty sure the amount of change in a changing-criterion design is based on the function of the behavior being changed, so I'll go with option C.

upvoted 0 times

...

Vanesa

5 months ago

Okay, I've got this. Sampling for variables is the way to go here. That's the method used when you're trying to estimate a numerical value for the whole population, like a dollar amount. The other options are more for categorical or attribute-based data.

upvoted 0 times

...

Nan

5 months ago

I'm a bit unsure, but I think the frequency of reporting plays a crucial role too. Wouldn't that impact data accuracy?

upvoted 0 times

...

CIMAPRA17-BA1-1 Exam - Topic 1 Question 27 Discussion

Contribute your Thoughts:

Lenita

Stefania

Lucy

Rozella

Margot

Shawnta

Juliana

Vanesa

Nan