________ supports the idea that countries should export more than they import.
A) Absolute advantage
B) Mercantilism
C) The world market theory
D) New trade theory
Correct Answer:
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Q25: According to Ricardo's theory of comparative advantage,
Q26: The Heckscher-Ohlin theory predicts that countries will
A)
Q27: Which of the following is the main
Q28: The theory of comparative advantage suggests that
Q29: Identify the theory that supports the view
Q31: A capital-intensive country exports products that are
Q32: Which of the following refers to a
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