Question

What were Adam Smith's objections to the policy of mercantilism?

Answer 1

Answer:

Adam Smith discussed major moral objections to the ‘policy of mercantilism’.  

Explanation:  

The famous part of Adam Smith objections to the policy of mercantilism is known as the mercantile system. It also discuss some of the major policy of mercantilism such as social and politic objections.

It had moral objections to many government policies. It includes national economic policies. The main aim of this policy of mercantilism is to provide ‘positive balance’ of trade.