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GEORGIA PERFORMANCE STANDARDS - Home - …
GEORGIA PERFORMANCE STANDARDS International Domain [Type the author name] Page 2 of 8 GEORGIA PERFORMANCE STANDARDS INTERNATIONAL ECONOMICS Fundamental economic Concepts SSEF3 The student will explain how specialization and voluntary exchange between buyers and sellers increase the satisfaction of both parties. a. give examples of how individuals and businesses specialize Specialization is the basis of trade and interdependence among individuals, cities, regions and countries. Most countries do not produce all of what they consume. Instead, they focus more heavily on producing certain products and trading with other countries.
GEORGIA PERFORMANCE STANDARDS . INTERNATIONAL ECONOMICS. Fundamental Economic Concepts . SSEF3 The student will explain how specialization and voluntary exchange
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