Extensive customization of a product offered in different international markets would most likely defeat which of the following benefits of global trade?
A) lower labor costs
B) lower production costs
C) higher quality materials
D) higher consumer consumption

Question

Quizplus · Accepted Answer

Lower production costs are one of the benefits of global trade due to economies of scale and specialization. However, extensive customization of a product offered in different international markets would result in higher production costs, nullifying this benefit.

Extensive Customization of a Product Offered in Different International Markets