Greater Specialization Within a Country

question 62

Multiple Choice

Greater specialization within a country

• A)increases risks to the country.
• B)is rarely beneficial.
• C)creates winners and losers and raises issues about fairness.
• D)evenly distributes benefits in the long run.

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Definitions:

Probable Loss

A potential financial loss that is likely to occur in the future, often reflected in financial statements as a provision.

Range

The difference between the highest and lowest values in a set.

Gain Contingency

A potential financial gain that may occur in the future, dependent on certain events or conditions being met.