Answer:
- Gains from trade
- Consumer Satisfaction
- Greater Efficiency
- Growth Opportunities
Explanation:
According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.
A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;
- Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
- Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
- Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
- Consumer Satisfaction: Specialization means that cost of production is lower which makes the cost of goods relatively cheaper.
A precedent is a principle or
rule in court wherein a previous legal case is used to decide on subsequent
cases with similar issues or facts. This is called stare decisis, a principle
wherein judges use precedents for their decision.
Answer:
False
Explanation:
In Athens you were considered an official citizen with voting rights and all that if you were a 18+ male born in Athens.
Answer:
The answer is a.
Explanation:
In reality, one of the greatest advantages of in-person oral communication is that it allows us to utilise different nonverbal cues such as body language and gestures. This is, the meaning of the message is not limited to speech. Limiting the cues to voice inflections would only occur in other forms of oral communication such as <u>phone calls</u>.
Answer: Contribution
Explanation:
Contribution is defined as the value that is related with the property or real estate and is called contributory value.It is the amount that gets added in any overall property due to renovation of that property's part.
This value states about the benefit or gain that is taking pace due to renovation activity.The contribution that is made through gain by the features and attributes that act as added component to the complete property.
