A Main Advantage of Specialization Results From

question 65

Multiple Choice

A main advantage of specialization results from:

• A) Economies of large-scale production
• B) The specializing country behaving as a monopoly
• C) Smaller production runs resulting in lower unit costs
• D) High wages paid to foreign workers

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Definitions:

Financial Markets

Markets in which financial assets are traded—for example, the stock market.

Managements

The process of dealing with or controlling things or people within an organization, including planning, organizing, leading, and controlling.

Target Companies

Businesses that are identified as potential acquisition candidates by other companies or investors.

Target's Stockholders

The shareholders of a company that is the object of a takeover or acquisition.