Who benefits from voluntary trade?

a. the government

b. buyers and sellers

c. buyers

d. sellers

e. buyers and the government

• The answer is b. buyers and sellers.

Voluntary trade takes place only when parties participating are expecting to benefit in the process. The groups that benefit from voluntary exchange are buyers and sellers. People trade services or goods on a joint basis since, after the trade, they expect getting better. Through voluntary trade, the clients get products to satisfy their necessities while, in return, the sellers get revenue. Trade occurs once the participating parties in the transaction anticipate that they will gain something in return. Preferably, this takes place without regulations or restrictions from the government. More so, specialization is encouraged by voluntary trade, which typically means more profitable and efficient production.