Which option best analyzes how exchange becomes more efficient at a national scale?(1 point)

Responses

Places within a country specialize based on comparative advantage, meanwhile better technologies enable exchange.
Places within a country specialize based on comparative advantage, meanwhile better technologies enable exchange.

Urban centers refocus on primary industries, leading to the development of secondary industries that encourage exchange.
Urban centers refocus on primary industries, leading to the development of secondary industries that encourage exchange.

Quaternary industries develop that benefit existing retail structures in local economies by connecting them to other places around the country.
Quaternary industries develop that benefit existing retail structures in local economies by connecting them to other places around the country.

Countries enter into treaties that encourage trade, such as the North American Free Trade Agreement.

1 answer

The option that best analyzes how exchange becomes more efficient at a national scale is:

Places within a country specialize based on comparative advantage, meanwhile better technologies enable exchange.

This choice highlights the importance of specialization according to comparative advantage, which allows regions to produce what they are best suited for economically, and emphasizes the role of technology in facilitating more efficient exchange of goods and services.