Whenever countries have different opportunity costs in production they can benefit from specialization and trade. Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors. I’m guessing it is true, I’m not too sure. I don’t want to make you get it incorrect.
Respect and obey federal
State
Local laws
Beliefs
Opinion of others
Answer:
I dont really know what type of anwser your looking for but i hope this helps.
Explanation:
Commercial banks play an important role in the financial system and the economy. ... They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities. These financial services help to make the overall economy more efficient.
