Solved

Which Statement Regarding the Economic Theory of Mercantilism Is FALSE

Question 25

Multiple Choice

Which statement regarding the economic theory of mercantilism is FALSE?


A) Its principles spread throughout Europe in the sixteenth and seventeenth centuries.
B) It reduced the desire for nations to acquire and maintain colonies.
C) It assumed that exporting goods was preferable to importing goods.
D) It presumed that the world's wealth was finite.
E) It increased competition among nations.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents