It is also criticized for its lack of product diversity as economies pursue their comparative advantage, which makes the economies potentially unstable if demand for their specialization falls; this is something which occurred during the financial crisis of 2007--08 and subsequent global recession.
This is something which occurred during the financial crisis of 2007--08 and subsequent global recession. It is also criticized for its lack of product diversity as economies pursue their comparative advantage, which makes such economies potentially unstable if demand for their specialization falls.
It is also criticized for its lack of product diversity as economies pursue their comparative advantage, which makes such economies potentially unstable if demand for their specialization falls. This is something which occurred during the financial crisis of 2007--08 and subsequent global recession.
It is also criticized for its lack of product diversity as economies pursue their comparative advantage, which makes such economies potentially unstable if demand for their specialization falls. This is something which occurred during the financial crisis of 2007--08 and subsequent global recession.