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Hannah Wiggins
on Oct 12, 2024

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Frederic Bastiat and Adam Smith both presented cogent arguments

A) for protection of infant industries.
B) for protection against trade with countries that had low wages.
C) for protection for industries important to national defense.
D) for free trade.

Frederic Bastiat

A 19th-century French economist and writer known for his advocacy of free trade and his witty criticisms of protectionism and socialism.

Adam Smith

A Scottish economist, philosopher, and author, often considered the father of modern economics known for his theories on free markets and the 'invisible hand' guiding economies.

Free Trade

An economic policy that allows imports and exports with little to no government tariffs, quotas, or subsidies, aiming to enhance global economic efficiency.

  • Investigate the favorable and unfavorable outcomes of tariffs, quotas, and free trade policies.
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Lalit KumarOct 13, 2024
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