This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which type of trade policy did Adam Smith support? What will be an ideal ... (Read 93 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jul 7, 2018
Which type of trade policy did Adam Smith support?
 
  What will be an ideal response?

Question 2

Buying inputs for manufacturing increases the firm's level of investment.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 7, 2018
Answer to Question 1

Adam Smith supported the free trade philosophy. He believed that voluntary exchange makes both parties of the transaction better off and allocates resources to their highest valued use.

Answer to Question 2

FALSE


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jul 7, 2018
Excellent

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

A female gorilla exhibiting tool use by using a tree trunk as a support whilst fishing herbs. A female gorilla exhibiting tool use by using a tree trunk as a support whilst fishing herbs.
social support for the family caregiver social support for the family caregiver
Food policy can drive the food industry Food policy can drive the food industry
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
High stress, by household type (age-standardized), age 18+, Canada, 1994-1995 High stress, by household type (age-standardized), age 18+, Canada, 1994-1995
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Video: Stroke volume - preload, sarcomere length and Frank -Starling law

For a complete list of videos, visit our video library