The Republic of Marunia believes that it is in its best interests to maintain a trade surplus,to export more than it imports.In so doing,the Republic of Marunia hopes to accumulate gold and silver,and consequently,increase its national wealth,prestige,and power.Which of the following influences the Republic of Marunia's approach to international trade?
A) neo-Ricardian trade theory
B) leontief's paradox
C) product life-cycle theory
D) new trade theory
E) mercantilism
Correct Answer:
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