Whether Exchange Is Between Individuals,firms,or Countries,voluntary Trade Occurs Because

question 46

Multiple Choice

Whether exchange is between individuals,firms,or countries,voluntary trade occurs because:

• A)only one party is made better off.
• B)both parties are made better off.
• C)financial agents devote resources to arranging such trades.
• D)these trades create employment for the economy.
• E)of mandates from the government.

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Definitions:

Corporate Giving

The act of corporations donating resources, such as money or goods, to charitable organizations or causes.

Adult Literacy

The ability of adults to read, write, and understand information, enabling them to function effectively in society.

Maple Leaf Foods

A major Canadian food processing company known for its products in the meat, poultry, and plant-based food industry.

Business Ethics

The study and examination of moral and ethical principles in the business environment, and the conduct of individuals and organizations.