Adam Smith called for the replacement of mercantilism with ........

Major Events in World History(PCS) Enlightenment

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Adam Smith called for the replacement of mercantilism with :

protectionism

industrialization

socialism

laissez-faire

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Explanation:

Mercantilism is thought to have begun its intellectual eclipse with the publication of Adam Smith's "Wealth of Nations" in 1776. A simple interpretation of the economic history suggests that Smith's ruthless advocacy for free markets was squarely opposed to regulation-heavy mercantilist doctrine