22 lines
686 B
Markdown
22 lines
686 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-06 -->
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# National Prejudice in Trade
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## Definition
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The bias in commercial policy that favours domestic producers and restricts foreign competition based on nationalistic rather than economic considerations. This prejudice leads to inefficient resource allocation and reduced national wealth.
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## Source Chapter
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Book IV, Chapter 6
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## Context
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Smith identifies national prejudice as a key driver of protectionist policies and commercial restrictions, arguing that these policies harm rather than help national economic interests.
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## Economic Domain
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Regulation
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---
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