Specialization Occurs When Each Individual,firm,or Country ________

question 101

Multiple Choice

Specialization occurs when each individual,firm,or country ________.

• A) produces only a few specific goods and relies on trade for the other goods and services it needs
• B) is self-sufficient and produces all goods and services it needs, without relying on imports
• C) produces only those goods for which it has a higher opportunity cost of production than that for other nations
• D) produces only those goods which are in demand in the global market and allow for high rates of profitability

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Definitions:

Sensitive

Possessing or displaying quick and delicate appreciation of others' feelings or being easily affected by external conditions or stimuli.

Association Areas

Regions of the cerebral cortex not involved in primary motor or sensory functions but in complex processes like thinking, planning, and learning.

Sensory Functions

The physiological capabilities of the body's sensory organs, such as seeing, hearing, tasting, touching, and smelling.

Motor Functions

The physiological processes that involve the coordination and execution of muscle movements.