Answered

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Question 7 of 10
When might a country specialize in producing a particular good?
A. When it has a well-developed productive infrastructure
B. When its costs of transportation are particularly low
C. When it has high opportunity costs for producing that good
D. When it has an absolute advantage in production of that goo

Sagot :

GinnyAnswer

Final answer:

Countries specialize in producing goods where they have a comparative advantage to increase overall production and consumption.


Explanation:

A country may choose to specialize in producing a particular good when it has a comparative advantage in producing that good, meaning it can produce it at a lower opportunity cost than other countries.

Specialization occurs based on the concept that if each country focuses on producing goods where they have a comparative advantage, and then trades those goods with others, overall global production increases.

For example, if Country A can produce cars more efficiently than Country B while Country B is better at producing computers, both countries can specialize and trade, leading to higher production levels and increased consumption for both.


Learn more about Comparative Advantage here:

https://brainly.com/question/32607605


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