Trade based on comparative advantage does NOT result in _____ but DOES result in _____.

Question

Quizplus · Accepted Answer

Trade based on comparative advantage results in a win-win for participants because it allows countries to specialize in producing goods and services that they can produce more efficiently, leading to increased production and lower prices for consumers. It does not result in more generalization because countries tend to specialize in producing goods and services that they have a comparative advantage in, leading to increased specialization.

Trade Based on Comparative Advantage Does NOT Result in _____