Economists recommend:

Name: Economists recommend:
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Question

Quizplus · Accepted Answer

Specialization and trade in both energy and food is the best choice as it allows countries to focus on producing goods and services that they can efficiently produce at a lower opportunity cost, while importing goods and services that they cannot efficiently produce. This leads to a more efficient allocation of resources and greater economic welfare overall. Additionally, relying on only self-sufficiency can limit innovation and economic growth.

Economists Recommend