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Adam Smith - That a joint stock company should be able...
That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience. (Adam Smith)

That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.

Adam Smith

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able branch carry company competition contrary experience fair foreign joint open private should sort stock trade

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