Ask
your own question, for FREE!
History
28 Online
In his book The Wealth of Nations (1776), economist Adam Smith describes his free trade philosophy: “It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy…If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage." According to this quote, what measures should a government take to protect industry from foreign competition?
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
Wolfwoods:
"I learned to get over you, you were the great dream that I was chasing but i could never catch up.
TJH:
For people who talk in front of a lot of people or for people who sing in front of a lot of people, can I get some advice? I got a solo for my choir concert
Bounty:
how to memorize the amendments properly would flash cards be good?
MariaNorie:
Guys, I know this isn't recommended, but what proxies should I try to bypass bloc
notmeta:
(Need creative ideas) I have to make a pyramid for my health class about maslow's hierarchy of needs.
notmeta:
Does anyone know any good YouTubers that teach chemistry? Im really struggling with stoichiometry and need some good recommendations.
13 minutes ago
0 Replies
0 Medals
1 hour ago
0 Replies
0 Medals
2 hours ago
3 Replies
0 Medals
1 day ago
4 Replies
0 Medals
1 day ago
13 Replies
2 Medals
1 day ago
3 Replies
1 Medal