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Adam Smith?s Economic Theory Advocated

Question 43

Multiple Choice

Adam Smith?s economic theory advocated


A) government intervention in order to control the flow of bullion through extensive tariff systems.
B) the use of a controlled money supply as a means of limiting inflation.
C) that governments avoid regulation in favor of the operation of individual initiative and market forces.
D) the institution of state-controlled guilds to fix standards of production and wages.

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