Which of the following is an example of Adam Smith’s view of the business world?
a. A small local store treats its workers well to preserve the goodwill of the community.
b. A US-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.
Ans: A
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