217k views
2 votes
which must exist before a country can specialize its production? responses a free-market system a free-market system a global economy a global economy an international division of labor an international division of labor government subsidies

User Phsiao
by
8.6k points

2 Answers

2 votes

Final answer:

Before a country can specialize its production, an international division of labor must exist.

Step-by-step explanation:

The subject of the question is Economics.

Before a country can specialize its production, an international division of labor must exist. The division of labor is when workers specialize in certain tasks and trade the fruits of their labor with others. This specialization allows countries to focus on areas of advantage and take advantage of economies of scale.

User Jack Kelly
by
7.9k points
4 votes

Final answer:

In order for a country to specialize its production, it must have a free-market system, a global economy, and an international division of labor.

Step-by-step explanation:

In order for a country to specialize its production, the following must exist:

  1. A free-market system: This allows for competition and the efficient allocation of resources.
  2. A global economy: This enables countries to trade with one another and access a wide range of goods and services.
  3. An international division of labor: This involves workers specializing in specific tasks and trading their products with others.
User Tzachi
by
8.0k points

No related questions found