It encourages specialization and usually means more profit
an increase in a nation's productivity
How specialization affects international trade?
voluntary trade probably mean means to volunteer trade.
Labor specialization led to a diverse West African economy. How?? I need a reason why.
It encourages specialization and usually means more profit
an increase in a nation's productivity
How specialization affects international trade?
voluntary trade probably mean means to volunteer trade.
Labor specialization led to a diverse West African economy. How?? I need a reason why.
specialization depends on trade that is specialization leads to mass production and hence need for market for the surplus.
trade enables individuals to obtain the goods in which they do not have a specialization
Trade.
Trade.
Free trade is necessary for specialization among producers to take place.Free trade
Free trade is necessary for specialization among producers to take place.Free trade
explaine how free trade relates to specialization of supply of and cost of goods