Which of the Following Is One Result of International Trade
A country may export a good or import it but not both. International specialisation and geographical division of labour leads to the optimum allocation of worlds resources making it possible to make the most efficient use of them. Pin On English C Consumers have a limited choice for selection of goods. . C production diversification D smaller countries. International movements of labor c. One of the major disadvantages of international trade is that many times cultural differences are never documented. 1 See answer Advertisement Advertisement dumithMaJil is waiting for your help. Which of the following is one of the implications of the New Trade Theory. 12 The existence of external economies of scale A tends to result in large profits for each firm. For example the word yes in Western cultures typically means agreement. International trade improves financial performance. A Consumer welfare only if output o...