Which of the following is a similarity between mercantilism and neo-mercantilism?
A) Both favor a positive balance of trade.
B) Both oppose protectionist actions in trade.
C) Both focus on rapid economic development.
D) Both focus on military development.

Question

Quizplus · Accepted Answer

Mercantilism and neo-mercantilism both advocate for a country to achieve a positive balance of trade, where exports exceed imports, as a means to accumulate wealth and economic power.

Which of the Following Is a Similarity Between Mercantilism and Neo-Mercantilism