Definition of Voluntary exchange
the practice of freely and willingly transacting between consumers and vendors without pressure or force
Examples of Voluntary exchange in a sentence
At the mall, the vendors could price their items based on their own beliefs since they were involved in a voluntary exchange.
In foreign countries that have limited rights, merchants are not allowed to participate in voluntary exchange since the government has their say in what they sell.
Through a voluntary exchange, movie theaters can increase their costs to whatever they want because nothing will stop them from doing so.
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