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How does specialization encourage international trade and make countries interdependent?

a. Because specialization means trade between countries.
b. Due to the increased need for self-sufficiency.
c. Specialization has no impact on international trade.
d. It leads to a decrease in global economic interactions.

User Ashmir
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Final answer:

Specialization encourages international trade and makes countries interdependent by allowing them to exchange goods and services they specialize in for those they are not specialized in. This fosters mutual benefits and a smooth supply of resources between countries.

Step-by-step explanation:

Specialization encourages international trade and makes countries interdependent in several ways. Firstly, when countries specialize in producing goods and services that they have a comparative advantage in, they can trade those goods and services with other countries for the goods and services that they are not specialized in producing. This creates a mutually beneficial exchange of resources.

For example, let's say Country A specializes in producing wheat, while Country B specializes in producing electronics. Country A can trade its excess wheat with Country B in exchange for electronics. This specialization and trade allow both countries to benefit from each other's expertise and resources.

Moreover, this specialization and trade also foster interdependence between countries. If one country depends on another for certain goods or resources, any disruptions or trade barriers can have a significant impact. This encourages countries to maintain a good trade relationship and resolve disputes in order to ensure a smooth supply of goods and resources.

User Comtaler
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