Ask Question
BusinessBusiness
21 December, 01:59

What was the first great economic analysis of global trade written in 1776?

+3
Answers (1)
  1. 21 December, 03:56
    0
    "An Inquiry into the Nature and Causes of the Wealth of Nations", or "The Wealth of Nations", written by Scottish economist and philosopher Adam Smith. One of the first collected descriptions of what builds a nation's wealth. Written at the beginning of the Industrial Revolution, it covers division of labour, productivity and free markets. Took 10 years to write with reference to 17 years of notes, based off of observations about economic and societal conditions. Offered more practical information for the time to replace mercantilist and physiocratic theories.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What was the first great economic analysis of global trade written in 1776? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in real GDP are often referred to as. True or False: Short-term fluctuations in real GDP are irregular and unpredictable.
Answers (1)
Panther Pacific uses the net method of accounting for purchases and sales. The net method assumes that discounts are taken when a purchase or sale of inventory is made on account.
Answers (1)
Making blackmail, extortion, and other forms of private coercion illegal is one way that government A. reduces private-sector economic risk. B. increases private-sector economic risk. C. reduces the market's economic efficiency. D.
Answers (1)
Ms. BK is a self-employed architect who earns $205,000 annual taxable income. For the past several years, her tax rate on this income has been 35 percent. Because of recent tax law changes, Ms. BK's tax rate for next year will decrease to 25 percent.
Answers (1)
Allison is interested in registering her new business as a corporation under the name Notary On the Go, Corp. She checks with the Secretary of State in her jurisdiction and obtains clearance to register her corporation under that name.
Answers (1)
New Questions in Business
What does a clean kitchen show an inspector about a restaurant? a. a clean kitchen shows that the person in charge is working their shift. b. clean kitchens show that the team is healthy and not sick. c.
Answers (1)
Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $10) $ 160,000 Direct materials and direct labor $ 96,000 Overhead (20% variable) 16,000 Selling and administrative expenses (all fixed) 32,000
Answers (1)
In order to achieve a high economic freedom rating, what should a country do?
Answers (1)
Find the ordinary time of a loan made on March 10 and due on May 10. 30 days 60 days 61 days 62 days
Answers (1)
Javier's employer pays for 43% of his annual health insurance premium. Javier pays the remaining balance by having it deducted from his paychecks in equal amounts twice a month throughout the year. If $157.
Answers (1)
Home » Business » What was the first great economic analysis of global trade written in 1776?
Sign Up Forgot Password?