pecialization allows nations to engage in which of the following?

Question

A.
producing goods to be bartered rather than bought

B.
purchasing goods and resources without trade barriers

C.
purchasing goods they cannot produce from other nations

D.
producing goods and services without regulatory oversight

Answer 1

Specialization allows nations to engage in:

C. purchasing goods they cannot produce from other nations.

By specializing in the production of certain goods or services, countries can trade for the items they do not produce efficiently, benefiting from comparative advantage and improving overall economic efficiency.