What effect does specialization have on the goods and services they specialize
in?

The country produces more of their specialized goods and services C

The country produces less of their specialized goods and services

The country continues to produce the same amount of their specialized goods and
services

Answers

Answer 1

Answer:

The country produces more of its specialized goods and services.

Explanation:

The effects of specialization (and trade) include:

Greater efficiency: Countries specialize in areas that they are naturally good at and also benefit from increasing returns to scale for the production of these goods. They benefit from economies of scale , which means that the average cost of producing the good falls (to a certain point) because more goods are being produced. Similarly, countries can benefit from increased learning. They simply are more skilled at making the product because they have specialized in it. These effects both contribute to increased overall efficiency for countries. Countries become better at making the product they specialize in.

Consumer benefits: Specialization means that the opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of goods.

Opportunities for competitive sectors: Firms gain access to the whole world market, which allows them to grow bigger and to benefit further from economies of scale.

Gains from trade: Suppose that Britain and Portugal each produce wine and cloth. Britain has a comparative advantage in cloth and Portugal in wine. By specializing and then trading, Britain can get a unit of wine for only 100 units of labor by trading cloth for labor instead of taking 110 units of labor to produce the wine itself (assuming the price of Cloth to Wine is 1). Similarly, Portugal can specialize in wine and get a unit of cloth for only 80 units of labor by trading, instead of the 90 units of labor it would take to produce the cloth domestically. Each country will continue to trade until the price equals the opportunity cost, at which point it will decide to just produce the other good domestically instead of trading. Thus (in this example with no trade costs) both countries benefit from specializing and then trading.

I hope this helps you in any shape or form.


Related Questions

HURRY PLZ

In looking at the impact of the bombing of Hiroshima, if you had to make the decision, would you
have used the atomic bomb during World War II? Explain your reason.

Answers

Answer:

We have to look at this from the government's point of view. Truman wanted to prevent Japan from participating in the current wars. What he did was for the best of our nation, and most likely others. Japan had the Imperial Japanese Army, with 51 divisions and special purpose artillery, cavalry, anti-aircraft, and armored units with a whopping 1,700,000 people. That was only 1941, by 1945 there were 6 million soldiers in the IJA. They were a force to be feared. And Truman felt threatened and acted out to protect America. So I believe his actions were reasonable, though it resulted in the death of more than 80,000 people. There were rumors that Truman attempted to warn the great cities before they were destroyed.

I really hope this helps you, even if only a little...!

In which territories did reservations change the most between 1875 and 1890?

Answers

Indian Territory-The 1860 census has an enumeration for the territory identified as "Indian Lands" at the end of microfilm roll 52 for the state of Arkansas

What event led American to join WWI?

Answers

Germany's resumption of submarine attacks on passenger and merchant ships in 1917

Two main factors led the United States to enter World War I.

Firstly, Germany's use of submarine warfare.

Several American ships were sunk in March of 1917, leading to the assertion of war in April. The U.S. believed this type of warfare to be unconstitutional and monstrous. Also, it diminished American trade with Britain, which did not seem well for their economy.

Secondly, the Zimmermann Telegram.

In January of 1917, British intelligence would prevent the Zimmerman telegraph, a secret message system from Germany to Mexico. Moreover, Germany tried to convince Mexico to join the war in their favor, seeming like an alliance between Germany and Mexico. Germany also did this to keep the U.S. from coming over and being incapable of helping their Allies in Europe. Americans got upset because the Germans offered to give Mexico land that the U.S. had taken from them in the Mexican-American War.

How are the ideas of John Locke & the Carta evidenced in the concept and practice of town hall meetings?

Answers

Answer: Modern republics and democratic processes can trace their lineage in many ways to the philosophies and ideas of John Locke, and to the core tenets of the Magna Carta.

John Locke popularized the "social contract" theory, which posits that all human beings possess "natural rights" (basic safety, freedom of choice, etc.), and that government is more or less a "necessary evil" that governs human behavior through one simple mechanism:

According to Locke, governments (ideally) exist in order to protect the natural rights of their citizens. In exchange, their citizens willfully give up some liberties and freedoms, since the government is not functional unless citizens consent.

This leads to the second major concept, which is that the above-mentioned mechanism is a type of "contract" between governments and the governed. The government agrees to guarantee basic natural rights, and the citizens agree to adhere to basic laws and rules. If either party reneges on their half of the contract, the opposing side may take certain punitive actions.

When a person breaks the law and is caught, the government can enact the part of this "social contract" where they are allowed to imprison and surveil this person - a huge violation of "natural rights" under other circumstances. This is because that person has not held up their end of the bargain. Thus, they are not entitled to the natural right of freedom.

On the other hand, if the government has begun to abuse its power by not protecting the natural rights of its citizens (due to corruption, neglect, etc.), then the citizens may revoke their consent to be governed. This is when you see revolutions or coups.

It's important to note that the social contract theory is a type of unwritten law - it refers to the basic, implicit agreement between people who live in a society and the people who create and enforce the rules for that society.

The Magna Carta, on the other hand, is one of the first major documents in modern European/"Western" history to so explicitly put the concepts of "natural rights" and the "social contract" into writing, thus setting a recorded standard for behavior on the part of citizens and on the part of the governing class.

Thus, town hall meetings in the context you have provided are the predictable outcome of new ideas of government which emerged in the Magna Carta, Lockean philosophy, Enlightenment political theory, and modern ideas of the purpose and function of government: Most Western societies have spent the vast majority of their histories under monarchical and/or hierarchical and/or hereditary rule where the consent of the governed was more or less a non-issue. The governed (particularly in lower classes, which is unfortunately stlll the case) had no real say. In the wake of the European Enlightenment, this changed.

Boom - town hall meetings. The reason these meetings existed was because fundamental Western concepts of government had shifted to be vastly more populace-friendly. It was by this point a widely-accepted idea that the governed should have some sort of say in the machinations of the government, PARTICULARLY if they were paying taxes.

Hope that helps you get started!

someone plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Answers

Ok so the answer for this one is C

Answer:

parents,children,and grandparents  because it has more than just you children and who your married to

Explanation:

Pam
Match the Native American tribes with the location they left before they migrated in the early 1800s.
Quapaw
Osage
Caddo
the Red River valley
between the Arkansas River and Missouri River
eastern Oklahoma and Arkansas
Reset
Next

Answers

100% CREDIT TO GeoPanther FOR THIS ANSWER https://brainly.com/question/12304489

The correct matches are:

Quapaw - between the Arkansas River and Missouri River;

Osage - eastern Oklahoma and Arkansas;

Caddo - the Red River Valley;

All three tribes mentioned have their origins in a single group of people that initially lived in Ohio. They all belong to the same language and cultural group of Native Americans, the Dhegian-Sinouan.

They started to differ slightly after the migration of their ancestors and the formation of separate tribes. All of them moved in certain areas because of threat from other tribes, in search of better hunting grounds, or expanded their territory through conquest. Before the invasion that came from the northeast by the Iroquois, these tribes ruled large portions of the Midwest, but they were not strong enough to push back the Iroquois and eventually lost their territory. That also led to their movement in other areas in which they still can be found today.

How would the National Health Act have been paid for?

Answers

Answer:

Federal spending represented 28 percent of total health care spending. Federal taxes fund public insurance programs, such as Medicare, Medicaid, CHIP, and military health insurance programs (Veteran's Health Administration, TRICARE). ... CHIP is funded through matching grants provided by the federal government to states

Explanation:

Siya ang sumulat ng akdang "Ang mga Panadaraya​

Answers

Answer:

wait wut language is this I can go and see in my 10 language books wut this means

Explanation:

Match the region of Africa with where a captured slave would likely be shipped.

Answers

African slaves were from different regions of Africa including regions such as Sierra Leone, Gold Coast, Gulf of Bening, and Senegambia.

African slaves had different destinations depending on their region of origin. For example:

Most of the slaves who arrived in America did so through the port cities of Havana (Cuba), Saint Domingue (Dominican Republic), Kingston (Jamaica), Cartagena (Colombia), Veracruz (Mexico), among others. Most of these slaves came from the regions of:SenegambiaSierra LeoneWindward CoastGold CoastGulf of BeninGulf of BiafraWest Central Africa

On the other hand, the Mediterranean slave trade used the ports of Tunisia, Morocco, Libya, and Egypt to send slaves captured in Central and West Africa to Europe.

Finally, the eastward trade was made with slaves originating from Southeastern Africa, the island of Madagascar, and the Swahili coast bound for India and the Persian Gulf.

Note: This question is incomplete because the options are missing. However, I answered it based on my knowledge.

Learn more in: https://brainly.com/question/11871729

Youth representatives met to discuss the topic in...

A. Italy
B. France
C. Canada

Answers

canada step by step answer
I would say Canada but it might be Italy

I need help with this please​

Answers

Answer:

women and 19th

How and why did the organization of the Christian church and its relationship with the State change during the 4th and 5th centuries

Answers

Christianity was made the state religion the Emperor Theodosius, and thus enjoyed the benefit of imperial support, Bishops served as civil and spiritual leaders.

Hope it helps :)

. If God calls you to be His servant in this time of pandemic, what would be your respond to His call? Will you say yes or no to His call? If so, what will you do? If not, why?

Answers

Absolutely. We have servants we were blessed with as well. Our mothers, our fathers, our loved ones who help us with our everyday needs. God blessed us with life, I would most definitely respond yes to his call. With that being said, there are thousands of people needing help in this pandemic. There wouldn’t be a doubt or question in my mind to say no to him when he’s given us so many yes’s.

How did American independence affect African Americans?

1. It gave free African Americans a chance to serve in government.

2. It led to immediate freedom for all enslaved people.

3. It guaranteed free African Americans the same rights as white men.

4. It failed to give African American rights or protections.

Answers

Answer:

1

Explanation:

Because they got a chance

Read the excerpt from Part 1 of The Odyssey.

Now Zeus the lord of cloud roused in the north
A storm against the ships, and driving veils of squall
moved down like night on land and sea.
The bows went plunging at the gust;
sails cracked and lashed out strips in the big wind.
We saw death in that fury, dropped the yards,
unshipped the oars, and pulled for the nearest lee:
then two long days and nights we lay offshore.

What theme is best revealed by this conflict?

With cooperation, crews can defeat the gods.
Dangerous ocean travel claims many lives.
Rest is required for all who work hard.
People must respect the wrath of the gods.


its not B

Answers

Answer:

It is C

Explanation:

Step by step, I took the test

The Theme which is best revealed by the Conflict is Rest is required for all who worked hard Option(c) is correct.

Who was Zeus ?

Zeus was known to be as the king or the ruler of the men and the gods he is occasionally denoted as the men fates on his scale.

Zeus kicks up storm which destroys the ships and send the all crew to its death generally beneath the waves according to him everyone should work hard as he was also a hard worker.

Therefore Option(c) is correct because as per him everyone should work hard.

Learn more about Zeus here:

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1. What is a steady, long-term increase in real GDP referred to as?
A. economic growth
B. recession
C. depression
D. peak

Answers

A. economic growth, economic growth is the steady, long-term increase in real GDP. Basically economic growth is long term and constant

Which county is number"3" on the map?

1 Cuba

2 Brazil

3 Bolivia

4 Mexico

Answers

Answer:

brazil is brazil hope it helps

Explanation:

How was the Council of 500 in ancient Athens similar to the United States Senate?

A. It required members to be of a certain age.
B. Each tribe had the same number of representatives.
C. It met twice a week.
D. Ten percent of members had to be present for a vote to occur.

Answers

Answer:

The correct answer is B

What was the purpose of the Sons of Liberty?

1. to keep Britain from taking the rights of American colonists

2. to encourage people to be loyal to the king

3. to collect taxes from American colonists

4. to assist British soldiers in conflicts with Native Americans

Answers

Answer:

it is all about how loyall they are and theat the have there trust

Explanation:

22 AM
ATLANTIC
OCEAN
Pampor
Log Cart
(1)
South America
Physical
Elevation
2000
w
- -2
20-MOM
8-19-21
Mghest point
Lowest point
Drake care
Kapa
© 2012 The Exploration Company
What feature does this map have that is not specific to physical maps?
O elevation
O latitude lines
O landforms
O rivers

Answers

Answer:

i think it is D. rivers

Explanation:

hope this help and keep moving forward  

How does politics affect the production of art in society?

Answers

Answer:

Art contributes politics in different areas such as critical thinking, aesthetics, directing societies, providing peace and order

Explanation: Art can be understood as a form of political discourse; as a descriptive, an interpretive, or an explicitly critical approximation; or as a vehicle with which to transcend the political. Art complicates our understandings and perceptions of the world, altering the discursive frames within which the political is negotiated. Research on politics and art explores art’s engagement with politics and its vision of the world; it analyzes art’s contribution to both our understanding of politics and problem-solving. Current research also explores art’s critical and emancipatory potentialities, as well as participatory art and social activism in light of new forms of political communication. Such research is interdisciplinary and open to methodological pluralism and innovation. This article discusses artistic and performative imaginations of the political; knowledge production through art; art’s engagement with violence and peace; the art-audience interface; ethics and aesthetics of political art; and art’s function as a political witness.

Art and artists may seek to catalyze political change. Artists may engage with political movements and humanitarian organizations, but they also may catalyze political change without joining or explicitly supporting political movements. Artists may be political without attempting to be political

Which best explains the rise of the middle class during the Industrial Revolution?

1. Factories required skilled, educated managers and office workers.

2. Factory-made goods were cheaper than handmade goods.

3. Factory workers made more money than farm laborers.

4. Factory owners had to be land owners as well.

Answers

Answer:

Factories required skilled, educated managers and office workers.

Explanation:

i took the test

(50 POINTS!!!!!!!) PLS HELP
During the Catholic Reformation, reformers mainly focused on

political power.
church policies.
money collection.
Protestant relocation.

Answers

I think B I hope this helps

Answer:

B!!

Explanation:

Can you name three things sir Isaac Newton made when he was a boy

Answers

He made a windmill which could grind wheat and corn, and he made a water clock and a sundial.

As part of Europe's feudal system, some people were tied to the land they worked and were unable to leave without permission. Who
were they?

Answers

Answer: Serfs

Explanation: Serfs were peasants who were 'tied' to the land. They could never leave without the noble's permission.

Hope this helps : )

Why did Senators oppose joining the League of Nations in 1919?

Answers

The major reason for this was the fact that many Senators were afraid that membership in the League of Nations would reduce the sovereignty of the United States and its ability to have complete control over its own foreign policy and military actions.

The main reason for this was that many Senators were concerned that joining the League of Nations would reduce the United States' sovereignty and ability to control its own foreign policy and military actions.

What are the Senators?

The Senate is composed of two senators from each state (therefore, the Senate currently has 100 Members), and a senator must be at least thirty years old, a citizen of the United States for nine years, and a resident of the state from which he or she is elected.

The Senate's first order of business was to convene with the House to count the electoral votes that formally awarded George Washington the presidency.

Therefore, senators oppose joining the League of Nations in 1919 because many Senators were concerned that joining the League of Nations would reduce US sovereignty.

Learn more about the Senators, refer to:

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What was the main goal of American combat soldiers in Vietnam?

A. To dig tunnels so they could hide from the Vietnamese

B. To prevent the Vietnamese from using their air power

C. To kill as many enemy soldiers as possible

D. To capture and hold major cities​

Answers

The main goal of American combat soldiers in Vietnam is to kill as many enemy soldiers as possible.

What did American combat soldiers do in Vietnam?

They wanted to build up the strength of the South Vietnamese armed forces and equip them with modern weapons so that they could defend their nation on their own.

The main goal of the American in the war is contain communism in Southeast Asia.

Therefore, the Option C is correct.

Read more about Vietnam war

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Read the passage from a letter by Christopher Columbus.

As soon as I had come into this sea, I took by force some Indians from the first island, in order that they might learn from us, and at the same time tell us what they knew about affairs in these regions. This succeeded admirably; for in a short time we understood them and they us both by gesture and signs and words; and they were of great service to us.

–Letter to Gabriel Sanchez, Christopher Columbus

Which statement best explains why the passage is biased?

The passage leaves out the view of the native people.
The passage is a primary source about the native people.
The passage describes an encounter with the native people.
The passage explains the strategy Columbus used with the native people.

Answers

Answer:

the

passage explain the strategy Columbus with the natives

people.

Explanation:

the passage explain the strategy Columbus with the natives

PLS HELP FAST
US Constitution Excerpts
I need help with the Summary’s

Answers

Answer:

I'm assuming the summary is supposed to summarize the Article's section excerpts..if so:

Article 1, Section 8:

Summary- Government had power to collect taxpayers from citizens to provide for the common defence (Example: War)

Article 1, Section 8:

Summary- Congress had the ability to regulate the trading between the colonies and other nations and between colonies

Article 2, Section 3:

Summary-  The president should be able to look over the execution of the laws

Article III, Section1:

Summary- There should be a court of the United States to represent the judicial powers of the USA.

Article II, Section 1:

Summary- The president has executive power

Hope this helps

Which of the following was NOT a member of the Triple Entente?

Italy
Russia
Great Britain
France

Answers

Answer:

Italy was not in the Triple Entente

Answer:

The answer is Italy

Italy was not the part of the Triple Entente

Hope this helps!

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