Of the following statements about mercantilism,which is NOT true?
A) It was practiced as Europe emerged from the feudal systems of the Middle Ages and moved toward nationalism
B) Mercantilists believed that for a nation to become wealthy,that nation must export as much as possible and,in turn,import as little as possible.
C) During the time it was practiced,wealth was largely determined by the amount of land one had access to.
D) Mercantilists did not want,or care,to see the big picture.
E) Mercantilists encouraged their people to produce large families.
Correct Answer:
Verified
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