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

Question

Quizplus · Accepted Answer

Without property rights, it becomes difficult to trade confidently as ownership is uncertain, leading to less specialization since individuals or entities cannot securely invest in specific skills or production areas.

In a World Lacking Property Rights, It Would Be _______