Answered step by step
Verified Expert Solution
Question
1 Approved Answer
what do we call the economic benefits countries realize when they specilize in the production and export of goods they can produce most effeciently, while
what do we call the economic benefits countries realize when they specilize in the production and export of goods they can produce most effeciently, while importing goods they cannot produce so efficiently from other contries? Choose the correct answer. Economies of scope. Scale economies. Gains from trade
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started