Adam Smith attacked the mercantilist view by suggesting that nations benefit most from free trade.

Name: Adam Smith attacked the mercantilist view by suggesting that nations benefit most from free trade.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

Adam Smith, in his seminal work "The Wealth of Nations" (1776), criticized mercantilism and argued that free trade among nations leads to mutual benefits, promoting economic prosperity and efficiency through the principle of absolute advantage.

Adam Smith Attacked the Mercantilist View by Suggesting That Nations