Some people prefer to buy products made domestically, and others prefer the attributes of products that are made elsewhere. This is an example of the _____ reason that complete specialization by countries does not occur.

Question

Quizplus · Accepted Answer

Variation in consumer preferences is a key reason why complete specialization by countries does not occur, as it leads to a demand for a diverse range of products, including those made domestically and those made elsewhere.

Some People Prefer to Buy Products Made Domestically, and Others