Free trade A. Formed the basis for the mercantilist philosophy B. Is in direct contrast to the notion of the invisible hand as advocated by Smith C. Refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country D. Rejects the laissez-faire stance toward trade and maintains that it is not in the best interests of a country

The correct answer is letter "C": Refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country.

Explanation:

Free trade occurs when nations can exchange goods and services without tariffs, taxes and quotas restrictions. Free trade encourages nations to focus on producing their specialties, which are also traditional goods that other nations can not manufacture or manufacture. Thanks to revenues from the selling of these items, nations may buy goods that they need from other nations.

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