In The Wealth of Nations, Adam Smith mentions that very good grapes could be grown in Scotland. However, growing high quality grapes in Scotland would be about 30 times as expensive as purchasing grapes from foreign countries. Some nations are better than others at producing things due to the availability of natural resources and other factors.

Question

In The Wealth of Nations, Adam Smith mentions that very good grapes could be grown in Scotland. However, growing high quality grapes in Scotland would be about 30 times as expensive as purchasing grapes from foreign countries. Some nations are better than others at producing things due to the availability of natural resources and other factors.
 
With which statement regarding single resource and diversified economies would Adam Smith most likely agree?

Writeacher · Accepted Answer

With which statement ... What?