The United States can benefit from voluntary trade

Name: The United States can benefit from voluntary trade
Brand: Quizplus
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Question

The United States can benefit from voluntary trade​

Quizplus · Accepted Answer

Voluntary trade can benefit the United States with any nation as long as both parties have something to gain from the exchange. Specialization and comparative advantage make it possible for two countries to trade even if they can produce the same goods. Additionally, having access to a global market allows for a greater variety of goods and services at lower prices for U.S. consumers.

The United States Can Benefit from Voluntary Trade​

The United States Can Benefit from Voluntary Trade