Qualification > Commerce
specialisation[bussiness]
asrag73:
helo..
just need some advantages of specialisation for countries as a whole....can some 1 help..?
Tohru Kyo Sohma:
--- Quote from: asrag73 on July 04, 2011, 03:27:01 pm ---helo..
just need some advantages of specialisation for countries as a whole....can some 1 help..?
--- End quote ---
ok...sorry...no one comes here much since exams just got over....i'll try my best to help u
1.when a country specializes they have the benefit of comparitive advantage
2.exports will increase might correct the balance of payment deficit
3.export revenue will help the country earn foreign revenue
4.employment could increase
ok thats all i can come up with.....hope its helpful to u!
asrag73:
okkk thenks bro
Dasith:
+ thre is also
* efficient resorce allocation
* higher GDP per head (with shift in PPC)
* specialisation leads to international trade (better markets/prices)
* internal & external economies of scale
Tohru Kyo Sohma:
--- Quote from: asrag73 on July 19, 2011, 01:52:03 pm ---okkk thenks bro
--- End quote ---
dude im nt bro...im a girl...just my profile pic is a guy. @dasith : long time no see.;D
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