3
QuizMultiple Choice

The Contemporary Global Economy

Question 3 • CHS US Government

How does international trade lead to specialization?

Answer
A
Countries become more dependent on each other for buying and selling manufactured goods.
B
Labor can be outsourced cheaply to other countries, which brings down production costs.
C
Countries can make the best use of resources by buying what they don’t have from other nations
D
Industries begin to compete to offer the best prices and increase demand.
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How does international trade lead to…