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Specialization encourages trade because it is a skill that someone has to make money. When a country has a great amount of a particular product, they specialize in it. If Another Country has the same condition as the first country, they'll specialize in it also. Once that happens, they'll exchange, or trade. So, specialization encourages trade by realizing what Another Country has!
Magali Herman
Wiki User
∙ 13y agoSpecialization encourages trade because it is a skill that someone has to make money. When a country has a great amount of a particular product, they specialize in it. If another country has the same condition as the first country, they'll specialize in it also. Once that happens, they'll exchange, or trade. So, specialization encourages trade by realizing what another country has!
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How does specialization encourage trade between countries in southwest Asia?
It encourages trade because they all hav certain types of specializatinsl like in israel they specialize in agricultur technology
How specialization affects international trade?
How specialization affects international trade?
What is the relationship between specialization and trade and changing employment partners?
specialization depends on trade that is specialization leads to mass production and hence need for market for the surplus.
What helped encourage regional agricultural specialization?
Cheaper transportation
When an economy relies on specialization?
trade enables individuals to obtain the goods in which they do not have a specialization
What is the ultimate result of specialization?
Trade.
What is ultimate result of specialization?
Trade.
What is most necessary for specialization for producers to take place?
Free trade is necessary for specialization among producers to take place.Free trade
What is necessary for specialization among producers to take place?
Free trade is necessary for specialization among producers to take place.Free trade
How free trade relates to specialization of supply of and cost of goods?
explaine how free trade relates to specialization of supply of and cost of goods
What is most necessary for specialization among producers to take place?
Free trade is necessary for specialization among producers to take place.Free trade
How do specialization and trade benefits both trading partners?
specialization gives countries resources to other countries which creates an entry into the global trade.
