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Mercantilism ________

Question 23

Multiple Choice

Mercantilism ________.


A) suggests that a country should export those goods for which it is more productive than other countries and trade for those goods for which other countries are more productive
B) maintains that a country's wealth is measured by its holdings of gold and silver
C) suggests that a country will have a comparative advantage in producing products that intensively use resources it has in abundance
D) argues that most trade in manufactured goods should be between countries with similar per capita incomes

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