How does international trade lead to specialization?
o countries become more dependent on eac...
Social Studies, 15.09.2019 10:10 AdoNice
How does international trade lead to specialization?
o countries become more dependent on each other for buying and selling manufactured goods.
o labor can be outsourced cheaply to other countries, which brings down production costs.
o countries can make the best use of resources by buying what they don't have from other nations
o industries begin to compete to offer the best prices and increase demand.
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