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Aleonysh [2.5K]
3 years ago
6

Adam Smith maintained that national well-being depends on the ability to consume, so __________. a. government should closely mo

nitor imports and exports in order to maintain a proper balance imports are valuable because national consumption can increase. b. government should encourage domestic production so domestic consumption can increase without increasing imports. c. a country should produce all that its citizens can consume and export everything that its citizens cannot consume.
Social Studies
1 answer:
Aleks [24]3 years ago
6 0

Answer:

a. government should closely monitor imports and exports in order to maintain a proper balance imports are valuable because national consumption can increase.

Explanation:

Adam Smith maintained that national well-being depends on the ability to consume, so <u>government should closely monitor imports and exports in order to maintain a proper balance imports are valuable because national consumption can increase</u>. Adams smith in his publication titled the wealth of nations asserted that nations should monitor import which is valuable because national consumption of a good may increase, he also asserted that national well-being depends on an nations consumption level, that is the higher the level of consumption of a nation, the higher the well-being of its citizen and  the best way to make up for deficit in demand is by importation.

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