Question

How does specialization encourage trade between countries?
Group of answer choices

Countries cannot specialize in all products, so they trade for what they need and want.

Countries are allowed to decide what to produce, how to produce, and for whom to produce.


Countries must specialize in more than fifty percent of the products they produce for export.

Countries are allowed to become experts in all products, so they do not need to trade for goods.

Answer 1

Answer :-

option 3 is correct

Countries must specialize in more than fifty percent of the products they produce for export.

full explanation :-

Specialization encourages trade between countries because a country can get what it needs at the lowest cost when it is produced by another country that specializes in that item. Sometimes countries set up Trade Barriers to restrict trade because they want to sell and produce their own goods.

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