international division of labor; international specialization
Economics term referring to the allocation of production across countries based on comparative advantage.
As the international division of labor advances, each country can specialize in its areas of strength.
This theory explains the benefits of international specialization.
分業 means 'division of labor' in general, while 国際分業 specifically refers to the international aspect.
Compound of 国際 (international) and 分業 (division of labor).