The Mercantilists advocated:
A) lower labor costs to increase exports.
B) tariffs and quotas to reduce imports.
C) trade policies designed to cause an inflow of gold.
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

Mercantilists advocated for policies that would increase a nation's wealth by promoting exports and restricting imports, including the use of tariffs and quotas to reduce imports and strategies to increase the inflow of gold, which they saw as a sign of wealth. Lower labor costs were also seen as a way to make exports more competitive.

The Mercantilists Advocated