Who said this statement? "If a foreign country can supply us with a commodity cheaper than we ourselves can make it,better buy it from them with some part of the produce of our own industry,employed in a way in which we have some advantage."

A) Adam Smith
B) Fredric Bastiat
C) Murray Weidenbaum
D) Joel Kurtzman
E) Clyde Prestowitz

This statement is attributed to Adam Smith, a prominent economist and philosopher from Scotland, in his influential work "The Wealth of Nations" published in 1776. Smith argued in favor of free trade and specialization, highlighting the benefits of countries focusing on producing goods and services in which they have a comparative advantage, and trading with other countries for goods they can produce more efficiently.