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The Economic Doctrine of Mercantilism Was Based on the Premise

Question 41

Multiple Choice

The economic doctrine of mercantilism was based on the premise that


A) the wealth from the colonies was infinite and must be protected.
B) European states should work together to secure wealth from the colonies for the homeland.
C) the world's exploitable wealth was finite, and trade barriers against rival states should be erected.
D) European states should accumulate wealth by increasing the amount of colonial imports.

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