How does voluntary trade promote economic progress

A) It makes individuals self-sufficient.

B) It discourages trade on the basis of comparative advantages.

C) It encourages businesses to seek lower per-unit costs by adopting mass production methods.

D) It moves goods, services and resources from people who value them more to individuals who value them less.

Question

Colton Meyers

29 October, 01:32

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Answers (1)

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Gerardo Hobbs · Answer 1

It is C because voluntary trade does not discourage trade (B)

and A and D have nothing to do with it.