Assessment i Saved Help Save & Exit Su Adam Smith argued against mercantilism by claiming that Multiple Choice 55 customers' tastes are affected by income levels. a nation could trade advantageously if it had a comparative advantage. governments, not market forces, should determine the directions, volume, and composition of international trade. market forces, not government controls, should determine direction, volume, and the composition of international trade. < Prey 15 of 20 Next > 62,737 12 W T MacBoo essment Saved Help Save & Exit SL At the beginning of 2018, the value of the outstanding stock of foreign direct investment of all nations totaled more than Multiple Choice 0 $8.7 trillion. $19.2 trillion. $30.8 trillion. $3.4 billion.