We see quite a bit of international trade in the real world. And trade is driven by specialization. So why don't we see full specialization-for instance, all cars ion the world being made in South Korea, or all mobile phones in the world being made in China?
Choose the best answer from the following choices:
a. More efficient allocation of resources
b. A higher level of material well being
c. Gains from specialization
d. Promoting competition
e. Deterring monopoly
f. Reducing the threat of war
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