nightmareytoxiic nightmareytoxiic
  • 13-11-2019
  • History
contestada

According to Adam smith why were mercantilist policies that limited trade unwise

Respuesta :

albertoaleman
albertoaleman albertoaleman
  • 14-11-2019

Answer:

Adam Smith believed that limitations on trade were misconceived and misplaced. Contrary to the mercantilist view that a state must strengthen its economy and augment its power at the expense of others, Smith argued that trade was mutually beneficial, there was no difference between domestic and foreign trade, and that the accummulation of money and metals made no sense, they were just another commodity.

Explanation:

Answer Link

Otras preguntas

HELP GEOMETRY question,!!!
The difficult child has what kind of response?
How do you solve the questions for the probability
Match the sentence to its correct label. 1. For what had the quality of time interminable, she toiled merrily at her digital amusement. 2. Without ceasing, she
How many strands does a RNA molecule have
Last year, a construction worker had a gross income of $29,700, of which he contributed 7% to his 401(k) plan. If he got paid monthly, how much was deducted fro
What is known about the genetics of diabetic disorders? What goes wrong when juvenile diabetes sets in?
Suppose that the distribution of touchdown passes (in football) is normally distributed with a mean of 250 feet and a standard deviation of 50 feet. We randomly
Solve the formula Ax + By= C for A.
How to writing apply letters