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Why is specialization a good idea in trade ?​
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3 votes
Why is specialization a good idea in trade ?​

User Trishulpani
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Countries become better at making the product they specialize in. Consumer benefits: Specialization means that the opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of goods.
User Tomoyuki
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5 votes

Answer:

it tells the other side of the trade you know what to do with the product and to fullfill the other sides expections

Step-by-step explanation:

User Kennydust
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