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The foremost cause of inthernational trade is international specialisation,it means that different countries of the world specialize in the production of those goods in whose production they possess special resources.International specialisation is the result of division of labour.
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What are the Critique of system theory in international relation?
what is systm theory of international politics?
What is it called when a country brings in goods it needs from another country?
It means you end up with international trade, International aid and international security treaty's,
Which department has the responsibility for formulating an international tax policy?
The Treasury Department has the responsibility for formulating an international tax policy.
When was British committee on the theory of international politics created?
British committee on the theory of international politics was created in 1959.
Who did the International Brigades fought for?
The Loyalist.
What are five different fields of business?
International Business Finance Management Hospitality Information Systems
What is business major?
Specialisation
3 Explain the difference between generalisation and specialisation by using example?
Generalisation : Generalisation is the extracting the shared characterstics from the two or more classes and combining them into generalised super class Specialisation: Specialisation is creating a subclass from the super class
Why is it advantageous for the cells of an animal to exhibit divisions of labor?
It allows for a greater amount of specialisation of cell types. Specialisation is almost always an advantage.
What is a robotics engineer?
a specialisation study of robots
Ornithologist specialisation area in science?
birds
Disadvantages of specialisation?
products are all the same
How cyanobacteria cell specialisation helps it function?
nice
What does it tales to be a pediatrician?
A medical degree with specialisation in pediatrics.
Which is a qualitative factor in deciding to outsource a product rather than make it a- the quality of other products or b- loss of in house expertise and specialisation?
loss of in house expertise and specialisation
How important is international trade?
International trade plays a crucial role in the development of the world economy. The participation of different countries in international trade helps to intensify production and deepen its specialisation. The use of equipment increases, mass production is organised, new machinery and modern technology are introduced, and exports increase if there is a demand on the market. In turn, the expansion of exports leads to an increase in employment.
Why the specialisation of labor is more efficient than universal self sufficiency?
A
