Specialization refers to the process whereby a country or an individual decide to concentrate on production of limited variety of goods in which he has economic advantage and relies on other countries or individual for getting goods which he can not produce himself.
The advantage of specialization is that people become experts at what they do and produce quality goods. Specialization enable people and countries of the world to interact with one another.
An example of specialization in international trade is the production of cocoa bean which is used to make cocoa beverages by Nigerians. Nigeria cultivate cocoa beans and export it to Japan who supply them with electronic goods. <span />
he people who initiated the hunt for pi were the Babylonians and Egyptians, nearly 4000 years ago. It is not clear how they found their approximation for pi, but one source (Beckman) makes the claim that they simply made a big circle, and then measured the circumference and diameter with a piece of rope.
Answer:
The would be detrimental for US economy.
Explanation:
Computers is an essential component for any businesses in modern age. Regardless of which industry your operate in, computers can be used in some way to increase the productivity of your business. This mean that putting high focus on production of computers would create a positive trickle effect on the economy.
We can't say the same thing about Hamburgers.
High consumption of hamburgers only increase the chance of various health risk that will reduce the efficiency of US labors. So, putting high focus on hamburger products will create negative trickle effect to other economic sectors.
