A main advantage in specialisation results from:

Related MCQs

• What determines the pattern of specialisation and trade in industries with external economies of scale?
• The absolute advantage theory of international trade is associated with
• The absolute advantage theory of international trade is associated with
• If a nation has a comparative advantage in the production of a good,
• According to the principle of comparative advantage,
• According to Ricardo, a country will have a comparative advantage in:
• Which is not an advantage of international trade:
• The main objective of international trade is