Question

that arise ing partners allows the gains from production of a certain product trade between similar and workers specialize in the a. splitting up the value chain b. learning and innovation c. economies of scale d. only (b) and (c) rump often suggests increasing tariff in order to reduce the increased, the long-run effect is most likely to be se in Am erican imports, and a decrease in e in American imports, and an i both American import both Americar

Answer 1

Correct Answer:

B

It is the learning and innovation due to specialization, that benefit trading partners.