What Best Describes Mercantilism

question 4

Multiple Choice

What best describes mercantilism?

• A)an economic theory claiming that the strength of a country depended on bringing in more gold,through trade,than it paid out
• B)an economic theory claiming that the strength of a country depended on free trade
• C)a political theory favoring government by the merchant class
• D)a political theory advocating government takeover of trade and industry
• E)an artistic and intellectual movement

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Definitions:

Global Company

A business entity that operates in multiple countries around the world, often managing production, distribution, and marketing on an international scale.

Subsidiaries

Companies that are owned or controlled by another larger parent company but operate with some degree of autonomy.

Culture

The shared beliefs, values, norms, and practices that define a group of people or society, shaping their behaviors and understanding of the world.

Actual Behavior

The observable actions or responses of an individual or group in real-life situations, as opposed to theoretical or intended behavior.