Answer: See explanation
Explanation:
Voluntary exchange is simply referred to as an act whereby both the buyers and the sellers can engage in transactions in the market freely.
Voluntary exchange is a fundamental assumption made by neoclassical economics which forms the basis of contemporary mainstream economics.
According to the principle, people act based on their interest. In a scenario whereby the individuals believe that they will not gain from a particular transaction, they won't engage in such.
Answer:
ten miles
Explanation:
because obviously the longer distance takes more force.
Answer:
because your a naughty person
oop (o.o)
Answer: A trade barrier is a restriction on international trade.
Explanation: Trade barriers are government efforts to control/block any trades outside the country. They decrease general economic efficiency, which can be further supported by the theory of comparative advantage. Comparative advantage means that when a country produces a good for a lower opportunity cost than other areas. A country with comparative advantage makes trade-offs worth it.
Hope this helps! Let me know if you have any other questions. :)
