ABSTRACT
Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each…. By stimulating industry, by rewarding ingenuity, and by using most efficaciously the peculiar powers bestowed by nature, it distributes labour most effectively…. It is this principle which determines that wine shall be made in France and Portugal, that corn shall be grown in America and Poland, and that hardware and other goods shall be manufactured in England.
