3a) i. Geographical specialization-it enables each country to - TopicsExpress



          

3a) i. Geographical specialization-it enables each country to specialize in the production of these goods and services for which it has the greatest relativeadvantages in comparison with other countries ii. Optimum use of resources- it aids each nation to make optimum use of its national resources, because they concentrate on production ofthose goods for which its resources are best suited iii. Economic development-it enables developing countriestoimport machinery,equipment and technology for rapid industrialization iv. Economies of scale-it helps each country to produce not only for home consumption but for export to other countries also. V. Generation of employment-itgenerates job opportunities byassisting the expansion and growth of agricultural and industrial activities
Posted on: Thu, 05 Sep 2013 10:13:13 +0000

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