Manuel F. Ayauayau@fee.org
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Government Authorities Don't Understand International Trade
DECEMBER 01, 2005 by MANUEL F. AYAU
If someone gets caught selling somebody elses property,he goes to jail.What may be legally bought andsold in the market is limited to legitimate privateproperty acquired by ones own effort or through voluntaryexchange with others. Since legal transactions aresettled accounts, what is traded belongs to neither thegovernment nor the community. It is private property,and as such the owner can dispose of it at his sole discretion,limited only by other peoplesrights. Correct?