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Ilia_Sergeevich [38]
2 years ago
9

What is the voluntary trade?​

History
1 answer:
pshichka [43]2 years ago
4 0

Voluntary exchange/trade is the act of buyers and sellers freely and willingly engaging in market transactions. Voluntary exchange is a fundamental assumption made by neoclassical economics which forms the basis of contemporary mainstream economics
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The movement of the headquarters of the Russian Empire to St. Petersburg allowed that city to become a forward capital.

<h3>What is forward capital?</h3>

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Therefore,

The movement of the headquarters of the Russian Empire to St. Petersburg allowed that city to become a forward capital.

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