Which of the following is a flaw associated with mercantilism?
A) Mercantilists do not support government intervention in trade.
B) Mercantilists view trade as a zero-sum game.
C) Mercantilists recommend policies to maximize imports.
D) Mercantilists recommend countries maintain a negative trade balance.

Question

Quizplus · Accepted Answer

The flaw with mercantilism is that it views trade as a zero-sum game. A zero-sum game is one in which a gain by one country results in a loss by another.

Which of the Following Is a Flaw Associated with Mercantilism