Which of the Following Most Accurately States the Economic Significance

Multiple Choice

Which of the following most accurately states the economic significance of exchange?

A) Physical goods have value because they exist; exchange can neither increase nor decrease their value.
B) Production of physical goods creates value; exchange merely redistributes this value.
C) Exchange creates value by moving goods from parties who value them less to parties who value them more.
D) Exchange reduces value since it consumes resources without adding to the physical supply of goods.