Specialization and trade usually lead to:

A) lower economic growth.
B) the exchange of goods and services in markets.
C) lower living standards.
D) higher prices.

Specialization

A process in economics where individuals or entities focus on the production of a limited scope of goods or services to gain greater efficiencies.

Economic Growth

Increase in a country's output of goods and services over time, often measured by GDP growth, indicating improved economic health and living standards.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a person, group, or society.