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konstantin123 [22]
3 years ago
10

Explain how specialization has led to an increase in trade nationally and internationally​

Social Studies
1 answer:
zhannawk [14.2K]3 years ago
5 0

Answer:

The effects of specialization (and trade) include: Greater efficiency: Countries specialize in areas that they are naturally good at and also benefit from increasing returns to scale for the production of these goods. ... Consumers benefit from these lower prices and greater quantity of goods.

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