Advocates of globalization agree with Adam Smith's claim that free trade among countries

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Adam Smith, a key figure in the development of economic theory, argued that free trade among countries promotes economic efficiency and prosperity by allowing for the specialization of production and the exchange of goods and services at lower costs. This principle is a cornerstone of globalization, which advocates believe leads to increased economic growth and prosperity for participating nations.

Advocates of Globalization Agree with Adam Smith's Claim That Free