Mercantilists differ from liberalists in that
A) mercantilists do not see wealth and economic growth as ends in themselves.
B) liberalists treat all specializations as equal in value; mercantilists do not.
C) mercantilists view the state as having an active and vital role in their economies; liberalists do not.
D) mercantilists believe relative gains are more important than absolute gains for both parties.
E) all of the above are true.
Correct Answer:
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