In a world lacking property rights, it would be_______ to realize the gains from trade and there would be __________specialization.
A) harder; less
B) easier; more
C) harder; more
D) easier; less

Question

Quizplus · Accepted Answer

In a world without property rights, individuals would be less likely to invest in producing goods or services because they could not be assured of retaining the benefits from those investments. As a result, trade and specialization would be harder to achieve.

In a World Lacking Property Rights, It Would Be_______ to Realize