What did Adam Smith believe about trade?
A) that trade would hurt the British people
B) that trade with other countries was not necessary
C) that trade should be based on comparative advantage
D) that people are better off if they specialize in what they can do best

Question

Quizplus · Accepted Answer

Adam Smith believed in the benefits of specialization and that people are better off if they focus on what they can do best, which is a fundamental principle of trade.

What Did Adam Smith Believe About Trade