Who Said This Statement? "If a Foreign Country Can Supply

question 217

Multiple Choice

Who said this statement? "If a foreign country can supply us with a commodity cheaper than we ourselves can make it,better buy it from them with some part of the produce of our own industry,employed in a way in which we have some advantage."

• A)Adam Smith
• B)Fredric Bastiat
• C)Murray Weidenbaum
• D)Joel Kurtzman
• E)Clyde Prestowitz

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Definitions:

Advertising Tool

Any method or resource used by businesses to promote their products, services, or brand to potential customers.

Short-swing Profits

Profits earned by corporate insiders from buying and selling their company's stock within a short period, regulated by securities laws.

Statutory Insider

A person within a corporation, such as directors or executives, who possesses key information, making them subject to insider trading regulations.

Company Stock

Equity shares issued by a corporation representing ownership in the company.