Adam Smith was the author of the 1776 book An Inquiry into the Nature and Causes of the Wealth of Nations.
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Q44: Trade allows all countries to achieve greater
Q45: Trade allows a person to obtain goods
Q46: As long as two people have different
Q47: For international trade to benefit a country,
Q48: Specialization and trade can make everyone better
Q50: The production possibilities frontier (PPF) depicts the
Q51: International trade can make some individuals within
Q52: When each person specializes in producing the
Q53: For both parties to gain from trade,
Q54: International trade may make some individuals in
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