Answered

Countries often benefit from specializing in a certain product because specialization:

A. ensures that they will not have to rely on trade for essential products.

B. allows them to focus on making one product as efficiently as possible.

C. decreases the price of natural resources needed to make a product.

D. prevents other countries from trying to make similar products.



Answer :

GinnyAnswer

Final answer:

Specialization enables countries to focus on producing goods efficiently, leveraging their comparative advantage for economic growth.


Explanation:

Specialization in a specific product allows countries to focus on making one product as efficiently as possible, which leads to increased productivity and competitiveness in the global market. It enables nations to leverage their comparative advantage in producing particular goods or services, leading to economic growth and prosperity.


Learn more about Specialization and Comparative Advantage here:

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