Adam Smith Believed That ________

question 2

Multiple Choice

Adam Smith believed that ________.

• A)governments should determine trade flows
• B)market forces should determine trade flows
• C)international trade should be restricted by tariffs and quotas
• D)countries should produce most goods themselves and trade as little as possible

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Definitions:

Political Opportunism

The practice of politicians or political parties making decisions or taking positions for short-term gain rather than following consistent principles or ideology.

Resource Mobilization

Resource mobilization refers to the process by which social movements crystallize due to the increasing organizational, material, and other resources of movement members.

Governments

Organizational entities responsible for overseeing the functioning and governance of a nation, state, or community.

Nonroutine Action

Actions that are not typical or customary, often requiring unique or creative approaches to solve problems or address situations.