Mercantilists advocated a policy in which:
A)The government regulates all aspects of economic activity
B)The government interferes with economic activity to a moderate level
C)The government keeps regulation of economic activity to a minimum
D)The governments interference in economic activity is completely non-existent

Question

Quizplus · Accepted Answer

Mercantilists believed in a strong role for the government in regulating economic activity to ensure a favorable balance of trade. They advocated for policies that would increase exports and limit imports through various forms of government intervention.

Mercantilists Advocated a Policy in Which