Specialization at the national level - Basis, Advantages, and Disadvantages for Consumers, Firms, &

Prepared for Economics IGCSE. At the end of the lesson, students should be able to:Describe specialisation at a national level - The basis for specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods. Identify and evaluate the advantages and disadvantages of specialisation at a national level - For consumers, firms and the economy.
Class Activities with Answers.