The concept of economies of scale relates to product specialization because

a. comparative advantage means exports produce profits.
b. increased exports of the same product produce cost efficiencies.
c. protectionist policies allow infant industries to become established.
d. of the Portugal/England model involving wine and cloth exports.
e. the basic-needs approach to development depends on the existence of both.


B

Political Science

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What will be an ideal response?

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Political Science