lillysmithraleigh
lillysmithraleigh lillysmithraleigh
  • 01-04-2020
  • Business
contestada

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

Respuesta :

TreSwervo TreSwervo
  • 01-04-2020

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.

Answer Link

Otras preguntas

How do you say “am I the kind of person you find interesting?” In German
Main Idea: To evaluate an exponential growth or decay function, substitute a value for the exponent variable and simplify.Evaluate each exponential function for
6 friends go out for dinner and order from a menu of 8 different sandwiches. What is the probability that at least 2 of the group order the same sandwich?
Find the x-coordinates of all the points where graphs of f and g have parallel tangent lines
How and why had blacks, particularly in the south, been subjected to second-class citizenship by 1900? why were jim crow laws predominantly in the south? how di
What people was responsible for spreading greek culture?
if xy=c^2, prove that x^2 dx/dy+c^2=0
What is the question
Which of the following illustrates the proper declaration of a variable and data type to hold a whole number? int myNumber = 10; Int myNumber = "10"; myNumber =
please help and show the steps please