Which of the following characterizes the French government's implementation of the new economic doctrine of mercantilism in the mid-seventeenth century?
A) Arguing that governments must intervene to increase national wealth by whatever means possible, mercantilists rescinded internal customs fees and enacted high foreign tariffs.
B) Arguing that governments should stay out of trade completely, mercantilists supported free trade and fought to remove all tariffs and customs fees.
C) Arguing that France could not compete with Britain and the Netherlands in trade, mercantilists sought to remove France from overseas trade and change its focus on agriculture.
D) Focusing on increasing national wealth through taxation, mercantilists sought to limit foreign travel and trade and encourage internal production.
Correct Answer:
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