Which of the following results in international specialization?
A) Differing consumer tastes
B) Diseconomies of scale in production
C) A high world price for a good
D) Diminishing returns to a variable factor of production
E) Differences in benefits that consumers and producers get from domestic market exchange
Correct Answer:
Verified
Q33: Which of the following reasons best explains
Q34: The following table shows per-day production
Q35: Which of the following reasons best explains
Q36: Which of the following reasons explains why
Q37: The source of gains from trade is
Q39: One reason for international specialization is:
A)a high
Q40: The following table shows per-day production
Q41: The following graph shows the demand for
Q42: Economies of scale in the production of
Q43: Unless there are barriers to prevent free
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