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when a country chooses to limit the kinds of goods or services it produ…

Question

when a country chooses to limit the kinds of goods or services it produces, it is practicing
○ absolute advantage.
○ globalization.
○ dependency.
○ specialization.

Explanation:

Brief Explanations
  • Absolute advantage refers to a country's ability to produce a good more efficiently than others, not about limiting production types.
  • Globalization is about increased interconnectedness in trade, etc., not limiting production.
  • Dependency is about a country relying on others, not about limiting its own production types.
  • Specialization is when a country focuses (limits) on producing certain goods/services to be efficient.

Answer:

D. specialization