Free Trade

question 84

Multiple Choice

Free trade:

• A)formed the basis for the mercantilist philosophy.
• B)is in direct contrast to the notion of the invisible hand as advocated by Smith.
• C)refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country.
• D)rejects the laissez-faire stance toward trade and maintains that it is not in the best interests of a country.

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