Adam Smith (1776) famously criticized the "mercantilists" for:
A) initiating colonial conquests and effectively stealing from foreign countries.
B) protectionist trade policies designed to spur exports and deter imports.
C) using gold and silver to cover their foreign trade deficits.
D) pressuring for completely free trade.
Correct Answer:
Verified
Q1: Once the Heckscher-Ohlin (HO) model's assumptions of
Q2: The orthodox neoclassical Heckscher-Ohlin model is unrealistic
Q4: Brazil was colonized in 1500 by:
A) Spain
B)
Q5: Brazil's first major export was:
A) coffee
B) sugar
C)
Q6: During its colonial era, Brazil's economy:
A) developed
Q7: After its independence, Brazil:
A) continued to depend
Q8: Until the twentieth century, Brazil's economy was
Q9: During its colonial era and its early
Q10: Why did colonial Brazil begin importing slaves
Q11: Brazil's economic policies after the 1930 crash
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