_____ is an interventionist trade theory which suggests that trade generates wealth for a country with a trade surplus, with emphasis on colonization and military conquest.
A) neo-Ricardianism
B) Bolshevism
C) Mercantilism
D) Utilitarianism

Question

Quizplus · Accepted Answer

Mercantilism is the correct answer because it is an economic theory and practice, dominant in Europe from the 16th to the 18th century, that promotes governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It advocates for a positive trade balance (exporting more than importing) and emphasizes colonization and military conquest to achieve wealth and power.

_____ Is an Interventionist Trade Theory Which Suggests That Trade