O-LevelEconomicsInternational trade and globalisation2281/13 · Oct/Nov 2025 · Q271 Mark
What is a likely benefit of increased national specialisation?
AIt guarantees a balance of trade in goods and services surplus.
BIt increases dependency on other economies.
CIt lengthens international supply chains.
DIt reduces the cost of living.
✓ Correct answer
D: It reduces the cost of living.
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