26 lines
605 B
Markdown
26 lines
605 B
Markdown
|
|
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
|
||
|
|
|
||
|
|
# Foreign Market
|
||
|
|
|
||
|
|
## Definition
|
||
|
|
|
||
|
|
International markets outside a country's borders where domestic producers
|
||
|
|
sell goods to foreign buyers, often subject to different competitive
|
||
|
|
conditions and trade regulations.
|
||
|
|
|
||
|
|
## Source Chapter
|
||
|
|
|
||
|
|
Book IV, Chapter 5
|
||
|
|
|
||
|
|
## Context
|
||
|
|
|
||
|
|
Smith discusses how bounties artificially expand foreign markets at the
|
||
|
|
expense of the home market, arguing that this misallocation of resources
|
||
|
|
ultimately harms national prosperity.
|
||
|
|
|
||
|
|
## Economic Domain
|
||
|
|
|
||
|
|
Exchange
|
||
|
|
|
||
|
|
---
|