To what is Smith reacting?



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tarix08.08.2018
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To what is Smith reacting?

  • To what is Smith reacting?

  • The “invisible hand” of the laws of supply and demand

  • Monopolies?

  • “Even the regulations by which each nation endeavours to secure to itself the exclusive trade of its own colonies, are frequently more hurtful to the countries in favour of which they are established than to those against which they are established.”



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