0
The producer becomes more self-sufficient.
What else can I help you with?
What is one important reason for specialization by a producer country?
The producer becomes more self-sufficient.
Is Mexico a producer country?
It is both a consumer and producer country.
Describe labor specialization?
Labor specialization led to a diverse West African economy. How?? I need a reason why.
How does specialization impact a country's GDP?
what's the answer
What theory identifies specialization as a reason for international business?
comparative advantage
What is regional specialization?
It is specializing in regional affairs in a country
How does specialization encourage trade?
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!
What is Americas supply specialization?
America's supply specialization is characterized by its diverse and robust economy, with significant strengths in technology, finance, agriculture, and manufacturing. The U.S. is a global leader in innovation and high-tech industries, producing advanced goods such as software, aerospace, and pharmaceuticals. Additionally, the country is a major agricultural producer, supplying a substantial portion of the world's food commodities. This specialization is supported by a strong infrastructure, a skilled workforce, and a culture of entrepreneurship.
What are the theory identifies specialization as a reason for international business?
theory of comparative advantage.
What European country is the leading producer of coal?
Russia is the leading producer of coal in Europe. However, the country wholly in Europe that is the leading producer of coal is Germany.
What country is not a major producer of oil?
Uganda is not a major producer of oil.
What country is a major producer of tulips?
Holland is a major producer of tulips.
