Question

Which of the following is an example of Adam Smiths view of the business world?

A. A small local store treats its workers well to preserve the goodwill of the community.

B. A U.S.-based manufacturing company opens a plant in a developing country to save labor costs.

C. A multinational corporation ignores its environmental issues in Asia because its consumers are in Europe.

D. A business fails to pay its workers adequately because, despite complaints from the workers, lower pay is more profitable.

Answer

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