real power of trade lies in people's ability to:

Question

Quizplus · Accepted Answer

The real power of trade lies in people's ability to specialize and increase production. This allows for greater efficiency and productivity, and ultimately leads to more goods and services being produced at lower costs. It also allows individuals and countries to focus on producing what they are most efficient at, leading to a wider variety of goods and services being available for trade. The other choices may be possible benefits of trade, but they are not the fundamental reason why trade is so powerful.

Real Power of Trade Lies in People's Ability To