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The Theory of Trade That Stressed the Importance of Exporting

Question 1

Multiple Choice

The theory of trade that stressed the importance of exporting while minimizing imports


A) Treated trade as a zero-sum game.
B) Stressed gaining and retaining national power and prestige.
C) Allowed some nations to amass large amounts of capital to support large armies and navies.
D) Was called mercantilism.
E) All of the statements above are correct.

Correct Answer:

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