An Inquiry Into the Nature and Causes of the Wealth of Nations - Book 2, Chapter 5 Summary & Analysis

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Book 2, Chapter 5 Summary and Analysis

The chapter title of this is comical yet still accurate. He begins to describe how internationalism can affect a market. Some of this is surprising, while some of it conforms to expectations. The reason being that these are the same kinds of issues we find on the market today. Many products go through their entire process within one nation. Other products include another country in at least one phase of the project. He uses the example of the Sicilian fashions of the 1700s. He writes that many of these clothing items are made from fabric fibers produced there in Sicily, but either at that stage or later when they are in the form of yarn and cloth they are shipped out. In this other nation, the yarn or cloth is transformed into clothing items. These are then shipped back...

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This section contains 480 words
(approx. 2 pages at 400 words per page)
Buy the An Inquiry Into the Nature and Causes of the Wealth of Nations Study Guide
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