IGCSE/GCSE/O & A Level/IB/University Student Forum
Qualification => Subject Doubts => GCE AS & A2 Level => Commerce => Topic started by: asrag73 on July 04, 2011, 03:27:01 pm
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helo..
just need some advantages of specialisation for countries as a whole....can some 1 help..?
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helo..
just need some advantages of specialisation for countries as a whole....can some 1 help..?
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!
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okkk thenks bro
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+ 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
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okkk thenks bro
dude im nt bro...im a girl...just my profile pic is a guy. @dasith : long time no see.;D
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dude im nt bro...im a girl...just my profile pic is a guy. @dasith : long time no see.;D
this sounds like a guy-girl !! :P
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this sounds like a guy-girl !! :P
huh??i dont understand???
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huh??i dont understand???
it's k u r nt supposed 2 get it nyway :P