Question: Which statement is false? ( LO2 , 3 ) a) No nation will engage in trade with another nation unless it will gain by that

Which statement is false? ( LO2 , 3 )

a) No nation will engage in trade with another nation unless it will gain by that trade.

b) The terms of trade will fall somewhere between the domestic exchange equations of the two trading nations.

c) Most economists advocate free trade.

d) None of these statements is false.

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