(05.01 MC)
"In general, if any branch of trade, or any division of labour, be advantageous to the
public, the freer and more general the competition, it will always be the more so."
-Adam Smith, The Wealth of Nations, Book II, Chapter 2
Adam Smith's quotation would most likely be used to defend which of the following policies?
(4 points)
O Less stringent regulation of commerce
O Stricter restrictions against monopolies
O Higher taxation of corporate profits
O More subsidies for farmers