International Specialization - Advantages and Disadvantages

International Specialization - Advantages and Disadvantages

9th - 10th Grade

10 Qs

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International Specialization - Advantages and Disadvantages

International Specialization - Advantages and Disadvantages

Assessment

Quiz

Other

9th - 10th Grade

Practice Problem

Easy

Created by

Netesh Dukanti

Used 11+ times

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10 questions

Show all answers

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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