alleryThe result of countries producing what they are best suited for is called:
APolitical centralisation
BFinancial diversification
CIndustrial nationalisation
DGeographical specialisation
Answer & Solution
Correct answer: D. Geographical specialisation
1. It works within countries as well.
2. Each region makes what suits it best.
3. That is geographical specialisation.
_Source: syllabus Business Studies, Chapter 11, International Business._
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