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Darya [45]
3 years ago
12

A country that can consume more than it can produce as a result of specialization and trade is referred to

Social Studies
1 answer:
denis23 [38]3 years ago
5 0

Answer:

Gain from trade

Explanation:

A situation whereby a country can consume more than it can produce as a result of specialization and trade is referred to as GAIN FROM TRADE.

The above situation usually occurs when countries produce a surplus of the commodity in which they possess specialization and then trade it for another surplus commodity of another country, thereby making them consume more than they can produce due to occupation and exchange.

Hence, in this case, the answer is GAIN FROM TRADE.

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Answer:

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Explanation:

Correct answer is C as most of the people in western Europe are educated due to good educational systems. They are not able to read and write, but most of them have higher education.

Option A is not correct as this countries are among the most developed in the world. For example France or Netherlands.

Option B is not correct as incomes are not only above average, but are among highest in the world.

Option D is not correct as life expectancy is more than 80 years.

6 0
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Explanation:

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