Adam Smith advocated which of the following ? (a) laissez faire (b) the invisible hand (c) free trade…

Laissez faire, the invisible hand, free trade and competitive markets are all characteristic components of Smith’s argument. Each of the first three codes omits at least one supported element; the inclusive code (a), (b), (c) and (d) is appropriate. (1) (a) and (b) (2) (b) and (c) (3) (a), (b) and (c) (4) (a), (b), (c) and (d)