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Some nations that seek to produce all of their own needs face the problem that:

a. they will not be able to satisfy the wants of all of their citizens.

b. some industries are too small to be efficient if restricted to their domestic markets alone.

c. they can deplete their natural resources as a result.

d. the opportunity cost of producing some of their own goods is lower than that of trading with others for them.

Respuesta :

anubhavsingh1638

Answer:

the opportunity cost of producing some of their own goods is lower than that of trading with others for them.

abiolataiwo2015

Some nations that seek to produce all of their own needs face the problem that: d. the opportunity cost of producing some of their own goods is lower than that of trading with others for them.

What is opportunity cost?

When a nation decide to manufacture all want they need the alternate forgone or  opportunity cost of manufacturing their own product tend to be lesser compare to the cost of trading those goods.

Which is why some nation prefer to trade their goods with other  nation so as to reduce the problem they might likely to face.

Therefore the opportunity cost of producing some of their own goods is lower than that of trading with others for them.

Learn more about opportunity cost here: https://brainly.com/question/1549591

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