Solved

To Gain Economic Growth from Specialization/trade, a Country Must Often

Question 23

Multiple Choice

To gain economic growth from specialization/trade, a country must often reallocate its existing resources. The economic growth that results from this process is often referred to as:


A) the autarky benefits of specialization.
B) the dynamic gains from trade.
C) the social benefits of saving.
D) the static gains from trade.
E) negligible gains from trade.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions