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8. Which of the following is true about trade? a. More trade means less happiness. b. Theoretically, ever voluntary transaction generates extra happiness for only

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8. Which of the following is true about trade? a. More trade means less happiness. b. Theoretically, ever voluntary transaction generates extra happiness for only one party. c. Only a few transactions occur around the world every day. d. Mutually beneficial trades always result in both parties achieving equal levels of happiness. e. The distribution of happiness and surplus value depend on the terms of trade

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