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What does it mean for an individual or country to specialize in the production of goods or services
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What does it mean for an individual or country to specialize in the production of goods or services

User DemiImp
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Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. ... This specialization is thus the basis of global trade, as few countries have enough production capacity to be completely self-sustaining.

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User Erfan
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