Explain one advantage of an economy specialising.

Economics
IGCSE&ALevel
CAIE
Exam No:0455_w23_qp_22 Year:2023 Question No:1(c)

Answer:

Knowledge points:

6.1.1 specialisation at a national level :The basis for specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods.
6.1.2 advantages and disadvantages of specialisation at a national level

Solution:

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