How does voluntary exchange promote economic progress? Explain three separate reasons.

Business

1 answer:

o-na [289]3 years ago

8 0

Answer:

There are three major reasons why trade is productive—why it increases the wealth of people. First, trade channels goods and services to those who value them most. ... Second, exchange permits trading partners to gain from specializing in the production of those things they do best.

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The correct answer is (d)

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