As a Trade Theory, Mercantilism Was Based on the Idea

question 89

Multiple Choice

As a trade theory, mercantilism was based on the idea that a trade surplus would lead to

• A) absolute advantage among all trading partners.
• B) first-mover advantages.
• C) lower levels of inflation and a steady economy.
• D) accumulations of gold and silver.
• E) lower levels of national wealth.

Explain the concept of schemas, categories, impressions, and scripts and their importance in social cognition.

Assess the role of emotions and unconscious processes in decision-making and rational judgments.

Identify the difference between gut feelings and rational assessments in predicting outcomes.

Understand the concept of priming and its effects on perception and behavior.