caitlinspu07 caitlinspu07

02-06-2024
History

Answered

Which process helps countries import things they cannot make while allowing them to specialize in exports?
absolute advantage
salation
competition
O international trade

Answer :

GinnyAnswer GinnyAnswer

02-06-2024

Final answer:

International trade enables countries to specialize based on their comparative advantage, leading to mutual benefits through trade.

Explanation:

International trade leads countries to specialize in goods and services in which they have a comparative advantage. The terms of trade determine the extent to which each country will specialize. Each country will increase production of the good or service in which it has a comparative advantage up to the point where the opportunity cost of producing it equals the terms of trade.

Learn more about International Trade here:

https://brainly.com/question/41472727

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