The formation of cartels or monopolies in other to obtain better bargaining or deals from other countries is characteristic of which of the following?

  • A International monetary Fund
  • B Countries with comparative advantage
  • C Countries with superlative advantage
  • D Countries producing same or identical goods
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The correct answer is D. Countries producing same or identical goods

Members producing the same or identical goods can form cartels or monopolies in other to obtain better bargaining or deals from other countries outside the membership.

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