Which of the following statements is true?

Question

Quizplus · Accepted Answer

Specialization among nations will be less than complete when opportunity costs increase with the production of more of a particular product, as this reflects the law of increasing opportunity costs. This principle suggests that as a country produces more of one good, the opportunity cost of additional units of that good will increase, leading to less specialization in its production if the country seeks to optimize its overall production efficiency.

Which of the Following Statements Is True