6min chapter

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Summer School 5: 250 years of trade history in three chapters

Planet Money

CHAPTER

The Evolution of Trade: Adam Smith and Globalization

This chapter explores the complexities of global trade, emphasizing the challenges of those affected by globalization and the historical trade policies shaped by figures like Adam Smith. It contrasts past mercantilist beliefs with Smith's revolutionary ideas on free trade, illustrating their impact on early American governance and economic thought.

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