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

Taylor Hines

6 January, 07:20

+5

Answers (1)

Know the Answer?

Micah Thornton · Answer 1

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

and A and D have nothing to do with it.