Mercantilism ________

question 11

Multiple Choice

Mercantilism ________.

• A) suggests that a country should export those goods for which it is more productive than other countries and trade for those goods for which other countries are more productive
• B) maintains that a country's wealth is measured by its holdings of gold and silver
• C) suggests that a country will have a comparative advantage in producing products that intensively use resources it has in abundance
• D) argues that most trade in manufactured goods should be between countries with similar per capita incomes

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Definitions:

Parenting Style

The manner in which a parent behaves towards and interacts with their child, including disciplinary methods, warmth and nurturing, communication, and expectations of maturity.

Authoritarian

A governing or leadership style that is characterized by individual control over all decisions and little input from group members.

Permissive

A parenting style characterized by low demands with high responsiveness, where parents are generally lenient and allow significant self-regulation.

Negligent

Failing to take proper or appropriate care in doing something, often leading to harm or risk of harm.