Question

What did Smith propose regarding international trade? How is international trade today working out for the...

What did Smith propose regarding international trade? How is international trade today working out for the United States? For other nations? (1-2 paragraphs)

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Answer #1

Adam Smith proposed in Idea of invisible hand which give an understanding of free trade between two different countries as well as people in form of exchange of goods. This type of natural self-interest would definitely promote at greater perspective of prosperity.
International trade is working in a great form for American business system. America is exchanging and doing foreign investment in different countries as well as having clients from different parts of the globe. America has been transacting with multiple countries inform of free trade. American policies are also changing according to the requirement of the industries and providing a positive feedback for the specific business environment.

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