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Mercantilists Differ from Liberalists in That

Question 29

Multiple Choice

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.

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