Want this question answered?
because the love people
How specialization affects international trade?
specialization depends on trade that is specialization leads to mass production and hence need for market for the surplus.
trade allows people to focus on one kind of production and trade for their own needs.
Trade allows people to focus on one kind of production and trade for their other needs.
because the love people
How specialization affects international trade?
specialization depends on trade that is specialization leads to mass production and hence need for market for the surplus.
trade allows people to focus on one kind of production and trade for their own needs.
Trade allows people to focus on one kind of production and trade for their other needs.
Because the country or region is missing something that they need to satisfy the peoples needs or want.
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