Adam Smith, Book 4, Ch. 8, Mercantile Conclusions

Transcript

we now move to book 4 chapter 8 which is actually Smith's last chapter on mercantilism it's entitled appropriately conclusion of the mercantile system Smith recognizes that most of his discussion of mercantilism has talked about how mercantilism encourages exportation in order to have a favorable balance of trade and this chapter Smith will conside... Read More