Introduction to Sociology Deneme Sınavı Sorusu #1154996

Opposing the mercantilist view, which of the followings did Smith want removed from the system to help international trade expand the market and increase the production?


Custom taxes.

Currency exchange.

Market speculations.

Commercial privileges.

Capitulations.


Yanıt Açıklaması:

Opposing the Mercantilist view, Smith wanted to remove the custom taxes and regulations that prevent international trade from expanding the market and increasing the production. He believed that the government should politically incentivise economy, and protested monopolisation on economy by the government, constant custom taxes and the tendentiousness of economy in some sectors. The government should grant economic power and authority to entrepreneur actors. Therefore, the correct option is A.

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