Multiple Choice
One reason for international specialization in production is
A) differing national tastes
B) diseconomies of scale in production
C) a high world price for a good
D) resources are plentiful in all nations
E) people have limited wants for domestically produced goods and services
Correct Answer:
Verified
Related Questions
Q60: The source of gains from trade is
A)tariffs
B)self-sufficiency
C)autarky
Q61: Which of the following is not a
Q62: Exhibit 19-2 Q63: Exhibit 19-3 Q64: One reason for international specialization in production
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