Trade is promoted by

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Quizplus · Accepted Answer

Trade is promoted by a self-interested population, proper incentives, and the presence of property rights. When people are able to pursue their own self-interest, they will naturally seek out opportunities to trade with others in order to acquire things they value more highly than what they are giving up. Proper incentives, such as a system of rewards and punishments, can encourage people to engage in trade and create new opportunities for exchange. And property rights ensure that people have secure control over the things they own, which in turn makes them more likely to invest in and trade those things freely. Combining these three elements creates a powerful engine of economic growth and prosperity.

Trade Is Promoted by