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TWoN Book 4 Chapter 3

December 8th, 2009 · 3 Comments

In this chapter Smith gets into restrictions on trade in some detail.  In brief, he argues that restricting trade, while not always a mistake, will never be advantageous economically to society as a whole, but at most to certain small sections of it.  He address balance of trade, and makes some interesting points.  In brief, [...]

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Tags: Steve · The Wealth of Nations

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