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Harman [31]
3 years ago
9

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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A bill-and-hold arrangement.
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Disadvantages of gap maps with example
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<h3>What is a gap analysis or map?</h3>

A gap analysis is a method of evaluating a business unit's performance to determine whether or not business requirements or targets are being met and, if not, what steps should be taken to meet them.

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Teenage entrepreneurship is growing especially in the _____ industry
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company B has the greater operating leverage

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When the brazilian real changes from 1000 real per u. s. dollar to 1500 real per u. s. dollar, the real is?
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If the Brazilian Real appreciates relative to the U.S.​ dollar, the number of reals furnished increases because the lower fee​ (in real) for U.S. goods induces Brazilians to shop for extra U.S. products.

If an international location's actual trade price is growing, its method of its of goods has become extra costly relative to its competitors. Growth within the actual alternate charge means humans in a country can get more foreign goods for an equal quantity of domestic goods.

While the dollar appreciates, exports lower because they may be now more pricey for foreigners to shop for and imports growth inflicting internet exports to decrease. When the dollar appreciates, exports lower because they're now greater high-priced for foreigners to shop for and imports grow to inflict net exports to decrease.

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