Trading goods and services with people for other goods and services or for money, with the expectation that both sides are better off, is known as what?

• A. Trade
• B. Telecommuters
• C. Trade/Exchange
• D. Terms

Answer: (C)

Voluntary exchange of goods and services for money or for other goods and services, with both sides expecting to be better off, is the essence of trade. This idea centers on mutual benefit and the willingness of people to swap value when they see a gain. The best match is Trade/Exchange because it directly names the process of exchanging value to create mutual gains, whether through money or barter. Telecommuters describe remote workers and aren’t about trading, while Terms refers to conditions or price terms rather than the act of exchanging goods and services.