BookNerd2354
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  • 22-06-2020
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What are some benefits of voluntary exchange? What are the responsibilities?

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krave1125
krave1125 krave1125
  • 22-06-2020

Answer:

The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.

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