Recall the Application about productivity in the nation of Latvia in the 1990s to answer the following question(s).
-According to this Application, workers in the EU were more productive than workers in Latvia in the 1990s, yet despite this, EU nations chose to trade with Latvia. Engaging in trade with Latvia allowed ________ to become more productive.
A) workers in the EU but not workers in Latvia
B) workers in Latvia but not workers in the EU
C) neither workers in the EU nor in Latvia
D) workers in both the EU and in Latvia

Question

Quizplus · Accepted Answer

Trade allows countries to specialize in the production of goods and services in which they have a comparative advantage, leading to increased efficiency and productivity for both trading partners.

Recall the Application About Productivity in the Nation of Latvia