voluntary exchange
Voluntary exchange is a transaction or trade between two parties in which they each agree to exchange goods or services based on their own free will and without coercion.
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Related Concepts (1)
Similar Concepts
- bartering and trade exchanges
- cultural exchange
- exchange of information
- morality in voluntary transactions
- voluntary action
- voluntary association
- voluntary behavior
- voluntary contributions
- voluntary exchanges
- voluntary markets
- voluntary movement
- voluntary participation
- voluntary trading schemes
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