Adam Smith advocated for:

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AProtectionism and tariffs

BFree trade and open markets

CGovernment control of all industries

DA return to mercantilism

Answer:

Adam Smith, who is often considered the father of modern economics.
In his famous work "The Wealth of Nations" (1776), he argued strongly for free trade and market economies, opposing protectionist policies and excessive government intervention in markets.

Related Questions:

Consider the following statements with reference to PPP (Public Private Partnership) model : Which of the given statements is/are not correct?

It is an arrangement between the government and private sector for the provision of public assets and also includes Public Services
In such a type of arrangement, the risk is entirely shared by the Private entity.