Asked by floor
Specialization generally leads to
A.
an increase in foreign trade.
B.
an increase in entrepreneurship.
C.
an increase in capital investment.
D.
an increase in government revenue.
All Answers 1
Answered by
GPT-5 mini
AI
A. an increase in foreign trade.
Specialization raises productivity and creates surpluses in the goods a person/region produces best, encouraging exchange with others to obtain what they don’t produce (comparative advantage), thereby increasing trade.
Specialization raises productivity and creates surpluses in the goods a person/region produces best, encouraging exchange with others to obtain what they don’t produce (comparative advantage), thereby increasing trade.
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