The Benefits from Specialization and Trade Are the Result of

question 131

Multiple Choice

The benefits from specialization and trade are the result of

• A)production of goods and services in locations which have absolute advantages.
• B)production of goods and services in locations where their opportunity costs are lowest.
• C)production of goods and services in the locations with the most productive workers.
• D)production of goods and services in locations with the lowest-paid workers.