Question: Why does increased openness to trade ultimately increase productivity in that country? Check all that apply. Countries can take advantage of economies of scale Innovation
Why does increased openness to trade ultimately increase productivity in that country?
Check all that apply.
Countries can take advantage of economies of scale
Innovation can be focused on one industry
People can produce more of what they're good at producing
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
