11. Which of the following is not true? a. Voluntary exchange is expected to be advantageous to...
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11. Which of the following is not true?
a. Voluntary exchange is expected to be advantageous to both parties to the exchange.
b. What one trader gains from a trade, the other must lose.
c. If one party to a potential voluntary trade decides it does not advance his interests, he can veto the potential trade.
d. The expectation of gain motivates people to engage in trade.
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