International Specialization - Advantages and Disadvantages
Authored by Netesh Dukanti
Other
9th - 10th Grade
Used 12+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
State whether the following statement is an advantage or disadvantage of international specialization:
A country will experience a higher level of output (more goods and services can be produced).
Advantage
Disadvantage
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
State whether the following statement is an advantage or disadvantage of international specialization:
Other countries may have lower health and safety standards.
Advantage
Disadvantage
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
State whether the following statement is an advantage or disadvantage of international specialization:
Consumer preferences change. They may not demand the specialised product anymore.
Advantage
Disadvantage
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
State whether the following statement is an advantage or disadvantage of international specialization:
Consumers will have a variety of goods and services to choose from.
Advantage
Disadvantage
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
State whether the following statement is an advantage or disadvantage of international specialization:
Natural resources may be finished at a faster rate.
Advantage
Disadvantage
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
State whether the following statement is an advantage or disadvantage of international specialization:
The citizens of a country may experience an increase in living standards.
Advantage
Disadvantage
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
State whether the following statement is an advantage or disadvantage of international specialization:
Firms can take advantage of economies of scale. The cost of production will decrease.
Advantage
Disadvantage
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