Law, 06.11.2020 20:00, daniel9299

A country is capable of efficiently producing computers but has been devoting a large portion of its economy to building cars. The country decides
that it should focus more of its economic resources on making computers
and buy its cars from other countries. This situation best illustrates which
factor that encourages global trade?
a. acquiring natural resources
b. allowing for specialization
c. obtaining essential materials
d. eliminating trade deficits

Answers: 1

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A country is capable of efficiently producing computers but has been devoting a large portion of it...