Multiple Choice
Which of the following is not a reason for international specialization?
A) Some countries have educated,trained workers,while other countries have unskilled workers.
B) Tastes and preferences tend to be different in different countries.
C) Economies of scale can allow larger,specialized producers to operate at lower average cost.
D) People prefer having a choice of products.
E) The world price of a good is determined by the world supply and demand for it.
Correct Answer:

Verified
Correct Answer:
Verified
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