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

"A quadrilateral is a square if and only if it has four rightangles.Rewrite the biconditional statement to make itvalid.
What is the equation of the line perpendicular to 3x+y=-8 that passes through (-3,1)?
Jennifer and 3 of her friends are going to a concert, a CD, and a T-shirt. The total cost of the tickets is more than $48.00. How could you represent the cost o
how an atom change if all of its electrons are removed
how to solve 2(q+4)+16how to solve 7j+2=12+5jhow to solve 12z=60-3z
Calculate the acceleration of the elevator for each 5 second interval
At cliffs of insanity point, the great sasquatch canyon is 7117 feet deep. from that point, a fire is seen at a location known to be 10 miles away from the base
how to do 3.7 Code Practice
What kingdoms of life can have either sexual or asexual reproduction?Plantae, archaea, fungiAnimalia, plantae, and fungiPlantae, protista, and fungiEubacteria,
In a school 45 out of 87 teachers are male. What is the ratio of male to female teachers in its simplest form?