What are the provided answer choices
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.
Answer:
Manolo: Hello ... Irene, isn't it?
Irene: Yes. I'm Irene, okay?
MAnolo: Alright. I'm Manolo.
Irene: I hope I wasn't late.
Manolo: What time is it?
Irene: 2 pm.
Manolo: You arrived just in time.
Irene: What course do you take?
Manolo: I study history and philosophy and you?
Irene: English literature.
Manolo: Can we start the research?
Irene: Yes, we can. I believe that we can find suitable books in the third hall. Should we go?
Manolo: Sure.
Explanation:
The dialogue was made with basic questions between two people who were meeting and needed to do academic work together. As they were in a library, I believe that the execution of some academic research between the two is the most appropriate subject to establish this dialogue.
Answer:
Option C is correct.
Explanation:
In Latin America, rich people move away from the city center to residential areas on the outskirts.
Usually, these are quiet areas organized in private residential complexes with restricted access, away from stress and downtown agitation. The city center is where business and other economic activities take place, it is not the most peaceful and ideal place to live.
Answer:
<h2>German Samoan </h2>
Explanation:
<h2>Hope it will help you.</h2>
