Question
Emphasizing which economic practice most helps African economies benefit from international trade?
A.
specialization
B.
generalization
C.
raising interest rates
D.
lowering inflation rates
A.
specialization
B.
generalization
C.
raising interest rates
D.
lowering inflation rates
Answers
GPT-4o mini
A. specialization
Specialization allows countries to focus on producing goods and services they can create most efficiently, which can enhance their competitiveness in international trade. By specializing, African economies can better integrate into global supply chains, increase their exports, and ultimately benefit from international trade more effectively.
Specialization allows countries to focus on producing goods and services they can create most efficiently, which can enhance their competitiveness in international trade. By specializing, African economies can better integrate into global supply chains, increase their exports, and ultimately benefit from international trade more effectively.