Multiple Choice
Which of the following results in international specialization?
A) differing consumer tastes
B) diseconomies of scale in production
C) a high world price for a good
D) diminishing returns to a variable factor of production
E) differences in the benefits that consumers and producers get from the exchange of goods and services
Correct Answer:
Verified
Related Questions
Q28: Which of the following is true of
Q37: The source of gains from trade is