Answer: The difference in between treaty and executive agreement is whether the President has the authority to execute it without the advice and consent of the Senate. If he/she has such authority, it is an executive agreement, and if not, it is a treaty
Vice President............
In his most famous work, Wealth of Nations, Adam Smith discusses how the economy benefits tremendously when individuals focusing on self interest rather than the general interest of society.
The idea of self-interest revolves around an individual making a decision based on what is best for them on an individual basis. Smith argues that this is the most beneficial method because individuals would focus on making as many goods as possible to sell. This would benefit society as a whole, as there would be enough resources for everyone
. Along with this, focusing on your own financial gain will inadvertently help everyone. In order to have a successful business, you must keep your prices competitive. These competitive prices allow the business owner to have success while also giving the best deal to the consumer.
The US wanted to stop the spread of communism. Our president felt if North Vietnam spread communism to south Vietnam it would eventually spread to other countries, then into the world and eventually over to the US.