Mercantilists,both Ancient and Modern,believe That a Country's Gains from Trade

question 118

Multiple Choice

Mercantilists,both ancient and modern,believe that a country's gains from trade arise primarily from having

• A)a trade deficit.
• B)comparative advantage in the production of products in which their opportunity costs are low.
• C)exports equal imports.
• D)imports exceed exports.
• E)exports exceed imports.

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Definitions:

Persuasion

The process of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through communication.

Counterarguments

Reasoning or arguments presented in opposition to an initial argument or standpoint.

Child Molesters

Refers to individuals who sexually abuse children under the age of consent.

Sexual Thoughts

Cognitive processes or mental reflections focused on sexual desire, activity, or attraction.