The concepts of comparative advantage, specialization, and trade can be useful in explaining why:
A) countries import and export certain goods.
B) individuals typically work at one job, and buy the other goods and services they need.
C) we allow ourselves to be interdependent on others.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

The concepts of comparative advantage, specialization, and trade can help explain why countries import and export goods, why individuals typically specialize in one job and trade for other goods and services they need, and why we allow ourselves to be dependent on others for certain goods and services. Therefore, all of the statements are true.

The Concepts of Comparative Advantage, Specialization, and Trade Can Be