Specialization and trade based on comparative advantage allow nations to attain the following results, except:

Question

Quizplus · Accepted Answer

Specialization and trade based on comparative advantage may not necessarily lead to rising total employment, as some industries or sectors may experience job losses while others may gain jobs depending on the patterns of specialization and trade. While specialization can lead to higher overall productivity and output, it may also result in some industries or regions becoming increasingly specialized and vulnerable to external shocks or structural changes.

Specialization and Trade Based on Comparative Advantage Allow Nations to Attain