One advantage of the specialization that results from international trade is that countries can take advantage of
A)smaller countries.
B)production diversification
C)scale economies.
D)taste reversals.
E)lower transport costs.

Question

Quizplus · Accepted Answer

Specialization allows countries to produce goods more efficiently and at a larger scale, leading to economies of scale, which reduces costs and increases output.

One Advantage of the Specialization That Results from International Trade