Answers OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27 International TradeQuestion 5

5

QuizMultiple Choice

International Trade

Question 5 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

How does specialization enable countries to trade with one another?

Answer

A

A country can make and sell goods affordably and buy goods that it is inefficient at making.

B

A country can make what it chooses and sell its goods to other countries.

C

A country can decide to buy everything it needs from other countries.

D

A country can efficiently make goods that were once difficult to make.

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