keri8 keri8
  • 18-04-2019
  • History
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Why is specialization the key to trade

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surfergirlmymy surfergirlmymy
  • 18-04-2019

Specialization means that the opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of goods.

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