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voluntary trade probably mean means to volunteer trade.

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15y ago

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How does specialization led to voluntary trade?

civilizations


In a market economy what is true about trade?

voluntary


What is the definition of voluntary trade?

Voluntary trade describes a market where buyers and sellers have the right to sell and buy by their own preference or refuse to if they so choose. Voluntary trade also describes a person's freedom to choose to work for compensation versus being forced into labor.


Who benefits from voluntary trade?

Voluntary trade describes a market where buyers and sellers have the right to sell and buy by their own preference or refuse to if they so choose. Both buyers and sellers benefit from this type of trade.


In a market economy what is true about all trade?

voluntary


What is voluntary trade?

Voluntary muscles are what you have control over. Like your skeletal muscle are usually voluntary. Involuntary muscles are what you have no control of. Like your smooth and cardiac muscles you have no control of. The difference between voluntary and involuntary muscles are voluntary muscles you have control of and involuntary you have no control of. Hope this answered your question.


When two people or countries trade voluntarily is called?

When two people or countries trade voluntarily, it is called "voluntary exchange" or "voluntary trade." This process occurs when both parties agree to exchange goods or services, believing they will be better off as a result. Such transactions are driven by mutual benefit and the idea of comparative advantage, where each party specializes in what they do best. Ultimately, voluntary trade fosters economic efficiency and growth.


What does voluntary muscle mean?

Voluntary muscles are those muscles that can be moved by the conscious effort and the will of an individual.


How does voluntary trade benefit countries?

Voluntary trade benefits countries by allowing them to specialize in the production of goods and services where they have a comparative advantage, leading to more efficient resource allocation. This specialization increases overall productivity and can lower prices for consumers. Additionally, trade fosters competition and innovation, providing access to a wider variety of goods and services. Ultimately, voluntary trade can enhance economic growth and improve the standard of living for participating nations.


What is the definition of the word voluntary?

The word voluntary can mean doing or giving something out of free will. An example of a sentence using the word voluntary would be, many charities are run on voluntary time and donations.


What type of muscles do you use to pedal your bike voluntary or involuntary?

well it depend what you mean i can kind of controll it voluntary or involintary i do it involuntary when riding but starting i do it voluntary for most people ints voluntary


What does voluntary response mean?

A response that you can control