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(I) When Individuals Engage in a Voluntary Exchange, Both Parties

Question 211

Multiple Choice

(I) When individuals engage in a voluntary exchange, both parties are made better off. (II) By channeling goods and resources to those who value them most, trade creates value and increases the wealth created by a society's resources.


A) I is true; II is false.
B) I is false; II is true.
C) Both I and II are true.
D) Both I and II are false.

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