Specialization and trade results in all of the following EXCEPT:

Goods and services being exchanged

A decrease in total economic output

More quality of life

People learning specific skills

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
1 month ago

Specialization and trade typically result in the following benefits:

1. Goods and services being exchanged.
2. More quality of life.
3. People learning specific skills.

However, they do not result in:

- **A decrease in total economic output.**

In fact, specialization and trade generally lead to an **increase** in total economic output as resources are used more efficiently and productivity is enhanced. Therefore, the correct answer is "A decrease in total economic output."