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Why is specialization important for international trade?
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
What is your favorite subject?
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
An example of a business's CAPITAL RESOURCES might be _______________
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
This country's businesses have the MOST government control (command).....
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
A high GDP (gross domestic product) usually causes a ______________
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
Many countries have all three types of economies. This is called ________.
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
A formal halt (stop) to trade with a country for political or economic reasons is ....
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
HUMAN capital is the _____________________________________.
high standard of living
social studies
skills, education, ideas that workers have
North Korea
a factory
mixed
an embargo
it allows people to do a more efficient job at producing (making) what they make best; and trade for other necessary things.
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