Which of the following explains why world output is greater as a result of trade?

Question

Quizplus · Accepted Answer

When countries specialize in the production of goods and services that they are relatively more efficient at producing, and then trade with other countries, world output increases. This is because each country can produce more of the goods and services they specialize in, which can then be traded for other goods and services that they are less efficient at producing. As a result, the overall level of production increases, leading to greater economic growth and prosperity.

Which of the Following Explains Why World Output Is Greater