Trade is considered absolutely essential to the well-being of every one of us. We are all better off through trade than we could possibly be through trying to provide all our own needs. This holds...

Trade is considered absolutely essential to the well-being of every one of us. We are all better off through trade than we could possibly be through trying to provide all our own needs. This holds true for individuals, firms, and economies.To help illustrate your argument, please also provide some examples of specialization in regards to trade.