World output of goods and services increases with specialization because
A) The world's resources are being used more efficiently.
B) Each country's production possibilities curve shifts rightward.
C) Each country's workers are willing to work harder than they did before specialization.
D) The world's workers are more educated than before specialization.
Correct Answer:
Verified
Q19: Based on export ratios,which of the following
Q20: According to the text,which of the following
Q21: If a country does not engage in
Q22: Two countries with differing comparative advantages may
Q23: Two countries will have zero incentive to
Q25: Comparative advantage in production is achieved by
A)Subsidizing,specializing,and
Q26: If a country engages in trade with
Q27: A country with a comparative advantage in
Q28: It's not likely that a country will
Q29: When a country has a lower opportunity
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