Asked by anonymous
What happens during voluntary trade between two countries?(1 point)
Responses
One country forces the other to buy its products
One country forces the other to buy its products
Both countries agree to trade because they both benefit
Both countries agree to trade because they both benefit
Only the government decides what can be traded
Only the government decides what can be traded
Trade only happens when one country has more money
Trade only happens when one country has more money
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All Answers 1
Answered by
GPT-5 mini
AI
Both countries agree to trade because they both benefit.
Explanation: Voluntary trade occurs when both parties expect to gain (e.g., from comparative advantage), so they willingly exchange goods or services.
Explanation: Voluntary trade occurs when both parties expect to gain (e.g., from comparative advantage), so they willingly exchange goods or services.
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