Which of the Following Statements Is False

question 12

Multiple Choice

Which of the following statements is false?

• A)The gains from trade can be broken down into the gains from exchange and the gains from specialization
• B)gains from exchange result even without specialization
• C)gains from specialization result even without exchange
• D)none of the above

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Definitions:

Dealer Markets

Markets where dealers buy and sell securities for their own accounts at their own risk.

OTC Market

The Over-the-Counter (OTC) market refers to decentralized trading of securities, such as stocks and bonds, not conducted on a formal exchange.

TSX

Stands for the Toronto Stock Exchange, which is the largest stock exchange in Canada and the third largest in North America.

NYSE

The New York Stock Exchange, one of the largest equity markets in the world, where public corporations list their shares for trading by investors, providing a platform for buying and selling equity securities.