In the Wealth of Nations, Adam Smith Argues for the Idea

question 43

Multiple Choice

In The Wealth of Nations, Adam Smith argues for the idea of a nation specializing in the production of what goods?

• A)goods in the production of which it has an absolute advantage
• B)goods in the production of which it has a comparative advantage
• C)goods with low barriers of entry
• D)goods with low relative opportunity costs

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