When an economy relies on specialization: a-) Trade is established according to

Question

When an economy relies on specialization:

a-) Trade is established according to the value of the specialized product

b-) Centralized coordination is needed to ensure that everyone obtains the goods they need.

c-) There will be more efficiency in production, but there will be disruptions in the distributions of goods.

d-) Trade enables individuals to obtain the goods in which they do not have a specialization

When an economy relies on specialization:

a-) Trade is established according to the value of the specialized product

b-) Centralized coordination is needed to ensure that everyone obtains the goods they need.

c-) There will be more efficiency in production, but there will be disruptions in the distributions of goods.

d-) Trade enables individuals to obtain the goods in which they do not have a specialization

Explanation / Answer

Trade enables individuals to obtain the goods in which they do not have a specialization

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