Adam Smith wrote in The Wealth of Nations, Book II, Chapter 2, In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.

Which of the following entities would most likely agree with Adam Smith's statement?
A) Consumer protection agencies who are demanding more government oversight
B) Labor union leaders who are advocating taxes on imports
C) Public utility company that manages regional power supplies
D) Stockholders for a pharmaceuticals company that has a new drug for cancer

Question

Adam Smith wrote in The Wealth of Nations, Book II, Chapter 2, In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.

Which of the following entities would most likely agree with Adam Smith's statement?
A) Consumer protection agencies who are demanding more government oversight
B) Labor union leaders who are advocating taxes on imports
C) Public utility company that manages regional power supplies
D) Stockholders for a pharmaceuticals company that has a new drug for cancer