Which of the following characterizes mercantilist governmental policies?
A) They advocated that governments should not interfere in the local economy.
B) They suggested that a nation should be materially rich with more trade imports than exports.
C) They argued that manufactured goods should be produced inexpensively by local colonial labor.
D) They suggested that a nation's international power was based on its wealth, especially its gold supply.
Correct Answer:
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