Smith's basic argument was that a country should never produce goods at home that it can buy at a lower cost from other countries.

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This concept is known as comparative advantage and is a cornerstone of Smith's theory of international trade. Smith argued that it is more efficient for countries to specialize in producing the goods they can produce at a lower opportunity cost and then trade with other countries to obtain the goods they cannot produce as efficiently. This leads to increased productivity, lower costs, and greater economic growth.

Smith's Basic Argument Was That a Country Should Never Produce