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Which of the Following About Trade Is True

Question 117

Multiple Choice

Which of the following about trade is true?


A) Trade does not produce anything new; therefore, it cannot create value.
B) The value of a good is determined by the cost of the material resources required for its production.
C) The value of a good generally depends on who uses it and circumstances such as when and where it is used.
D) All of the above are true.

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