Answer :
Final answer:
Adam Smith believed countries should specialize in products they can create most efficiently, such as France with cheese and wine and Great Britain with wool. He also critiqued slavery's economic inefficiency, arguing that free labor was less costly and would lead to the end of slavery.
Explanation:
Adam Smith argued that countries should produce goods based on their comparative advantages. He used the example of France producing better cheese and wine due to its geographic characteristics and skilled people, while Great Britain should focus on producing high-quality wool.
Smith's ideas of specialization and free trade have remained influential, although some modern scholars criticize them.
