3 years ago

How does international trade lead to specialization?

2 answers:

7 0

"International trade leads to specialization because industries begin to compete to offer the best prices and increased demand. In modern globalization economy, many countries are linked by international trade."

Tom [10]3 years ago

6 0

Answer:

International trade leads to specialization because industries begin to compete to offer the best prices and increased demand. In modern globalization economy, many countries are linked by international trade. ... This specialization generates new opportunities to participate in the market

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