Ask Question
2 May, 15:57

The most obvious benefit of specialization and trade is that they allow us to

+1
Answers (1)
  1. 2 May, 16:06
    0
    The most obvious benefit of specialization and trade is that they allow us to: Consume more goods than we otherwise would be able to consume

    When we do specialization, we could produce the goods that provide competitive advantage for us so we can produce that goods in a huge amount.

    After that, we can trade the goods with other goods (which gives competitive advantage to other country) and trading countries could consume goods on a huge amount.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The most obvious benefit of specialization and trade is that they allow us to ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers