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1. A country that has no mines of its own must undoubtedly draw its gold and silver from foreign countries, in the same manner as
1. A country that has no mines of its own must undoubtedly draw its gold and silver from foreign countries, in the same manner as one that has no vineyards of its own must draw its wines. It does not seem necessary, however, that the attention of the government should be more turned towards the one than towards the other object... We trust with perfect security that the freedom of trade, without any attention from the government, will always supply us with wine which we have occasion for: and we may trust with equal security that it will always supply us with all the gold and silver which we can afford to purchase or to employ, either in circulating our commodities, or in other uses." Adam Smith, Wealth of Nations, 1776 What other historical instance represents Adam Smith's ideology of trade, as expressed in the passage? * Colbert using government regulations on trade. * Mussolini's fascism in Italy with complete control over government. * Great Britain during the Industrial Revolution using laissez-faire. * China's isolationist rules of trade
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