Splitting up the value chain allows companies to take advantage of ____.   economies of scale and opportunity cost   absolute advantage and comparative advantage   economies of scale and specialization   trade agreements and specialization

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter20: The Global Economy
Section: Chapter Questions
Problem 3AA
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Splitting up the value chain allows companies to take advantage of ____.

 

economies of scale and opportunity cost

 

absolute advantage and comparative advantage

 

economies of scale and specialization

 

trade agreements and specialization

 

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