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27 October, 16:52

How does specialization enable countries to trade with one another? a country can make and sell goods affordably and buy goods that it is inefficient at making. a country can make what it chooses and sell its goods to other countries. a country can decide to buy everything it needs from other countries. a country can efficiently make goods that were once difficult to make?

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  1. 27 October, 18:46
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    How specialization encourages or enables countries to trade with one another is because a country can make and sell goods affordably and buy goods that it is inefficient at making. In other words, different countries are endowed with different resources that they could sell to other countries that need them, while in return buy what they need from those countries.
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