Adam Smith

question 206

Multiple Choice

Adam Smith:

• A) believed that trade in local communities is good for the economy, but trading with people located in foreign countries is bad for the economy.
• B) did not discuss or have an opinion about international trade.
• C) argued that it is beneficial to buy a product if the seller can sell it to us cheaper than we can make it for ourselves, regardless of the product's country of origin.
• D) believed that trade in local communities is bad for the economy, but trading with people located in foreign countries is good for the economy.

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