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Nations usually __________ industries and activities in which they have a comparative advantage over other nations.

a. negotiate treaties for b. specialize in c. avoid d. give the ...

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Nations usually __________ industries and activities in which they have a comparative advantage over other nations.

a. negotiate treaties for
b. specialize in
c. avoid
d. give the government control over Nations usually __________ industries and activities in which they have a comparative advantage over other nations.
a. negotiate treaties for
b. specialize in
c. avoid
d. give the government control over

Answer

B. SPECIALIZE IN.
Nations usually SPECIALIZE IN industries and activities in which they have a comparative advantage over other nations.
Specialization in economics is where the business focuses more on producing a limited scope of products or services in order to gain greater degree of efficiency throughout the business.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 62 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 167 views.

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