cordemcdaniel cordemcdaniel
  • 04-02-2021
  • Social Studies
contestada

Why is it important for nations to economically specialize?

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jarvisverdell6
jarvisverdell6 jarvisverdell6
  • 04-02-2021

Answer:

Explanation:

Whenever countries have different opportunity costs in production they can benefit from specialization and trade. Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors.

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dillontmcleod
dillontmcleod dillontmcleod
  • 04-02-2021

Answer:

So they dont run out of money while preparing for war/ in war

Explanation:

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