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

The oldest known legal system is contained in the
A glider is gliding through the air at a height of 416 meters with a speed of 45.2 m/s. The glider dives to a height of 278 meters. Determine the glider's new s
limited subject and precise opinion
How is sales tax similar to a flat tax?
What percent of 600 is 24? 6% of 400 is what number? What is 82% of 200? What percent of 900 is 18? Please show work it's for homework!
find the volume of a cuboid with sides 4cm, 6cm and 10cm
four students is blank percent of 20 students
Why might ancient peoples have used real animals as inspiration for some of the animals in their myths? What is another example of a mythical animal that might
What does Marcellinus mean when he describes the Huns as being "glued to their horses
PLEASE HELP Describe the graph of the function f(x) = x3 − 18x2 + 107x − 210. Include the y-intercept, x-intercepts, and the shape of the graph.