Question

multiple choice question
____ is the result of low - cost producers focusing all their efforts on producing a single good or service.
○ autarky
○ free trade
○ specialization
○ globalization

Explanation:

The definition matches the economic concept where producers concentrate on a single good/service to leverage low costs and efficiency. Autarky refers to self-sufficiency without trade, free trade is unrestricted cross-border exchange, and globalization is the integration of global economies, none of which fit the given description.

Answer:

O Specialization