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
Rosewood Company made a loan of $9,800 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rate of interest.
Answers (1)
Why might the financial burden of college actually be economically worthwhile?
Answers (1)
What section of a cash flow statement shows the cash spent on new equipment during the past accounting period? a. The investing sectionb. The operating sectionc. The financing sectiond. The cash flow statement does not give this information
Answers (1)
Tidy Limited purchased a new van on January 1, 2018. The van cost $32,000. It has an estimated life of eight years and the estimated residual value is $3,200. Tidy uses the double-declining-balance method to compute depreciation.
Answers (1)
What will happen to the equilibrium price of new textbooks if more students attend college, paper becomes cheaper, textbook authors accept lower royalties and fewer used textbooks are sold?
Answers (1)
New Questions in Business
Bustillo Inc. is working on its cash budget for March. The budgeted. 3 Bustillo Inc. ts working on ts cash budget for March. The budgeted beginning cash balance is $40,000.
Answers (1)
Transfer payments are: a. a redistribution of funds from one individual to another individual in the economy. b. another term for government taxation. c. a means by which government raises funds. d. counted in gdp.
Answers (1)
A corporation owns many acres of timber, which it acquired three years ago, and which has a $120,000 basis. The timber was cut last year for use in the corporation's business. The FMV of the timber on the first day of last year was $270,000.
Answers (1)
Which of the following is an inequality or equation that expresses a restriction in a mathematical model? a. Decision variableb. Parameterc. Objective functiond. Constrainte. None of these
Answers (1)
Vent, Inc. reported net income of $770,000 for 2018. Vent sold 15,000 shares of treasury stock acquired in a previous year on July 1 and 15,000 new shares on November 1. At year-end, 180,000 shares were outstanding.
Answers (1)
Home » Business » What was the first great economic analysis of global trade written in 1776?
Sign Up Forgot Password?