The main tenet of mercantilism was that it was in a country's best interest to maintain a trade:
A) balance.
B) embargo.
C) surplus.
D) deficit.
Correct Answer:
Verified
Q46: Free trade:
A)formed the basis for the mercantilist
Q47: According to the theory of _,it makes
Q48: Which theory stresses that in some cases
Q49: The theory of _ makes a crude
Q50: The different combinations of two goods that
Q52: When a government limits imports via tariffs
Q53: China,deliberately keeping its currency value low against
Q54: This theory,advanced by the 19th-century English economist
Q55: According to the _,the United States is
Q56: Mercantilism viewed trade as a(n):
A)zero-sum game.
B)economic evil.
C)nonessential
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