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Business, 27.03.2020 01:45 zarzuba

Free trade A. Formed the basis for the mercantilist philosophy B. Is in direct contrast to the notion of the invisible hand as advocated by Smith C. Refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country D. Rejects the laissez-faire stance toward trade and maintains that it is not in the best interests of a country

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