Respuesta :
I believe the answer is: Limiting the types of goods and services produced
The purpose of such limitation is to make the country able to allocate its full resources in producing the commodity in which they have a full competitive advantage toward other countries. One example would be Malaysia that choose latex production as one of its specialization.
The purpose of such limitation is to make the country able to allocate its full resources in producing the commodity in which they have a full competitive advantage toward other countries. One example would be Malaysia that choose latex production as one of its specialization.
Question
when discussing comparative and absolute advantage, which best describes specialization
Answer- limiting the types of goods and services produced