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Why is it better for countries to specialize in production of one good and trade with other countries?

Why is it better for countries to specialize in production of one good and trade with other countries?
asked 188k views
2 votes
Why is it better for countries to specialize in production of one good and trade with other countries?

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User Pavel Fedotov
by
8.1k points

2 Answers

3 votes
yea he just beat me to it
answered
User Milimetric
by
8.2k points
5 votes
because it helps make the production cost cheaper and the sale price higher
answered
User Vlad Holubiev
by
8.2k points
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