What Were the Primary Goals of Mercantilism Theory

question 54

Multiple Choice

What were the primary goals of Mercantilism Theory?

• A) increase the wealth of the nation by acquiring gold
• B) to extract trade gains from foreigners through regulations and controls so as to achieve a surplus in the balance of trade through maximizing exports
• C) minimizing imports
• D) all of the above

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Definitions:

Disposable Income

Money left for savings and expenditures in households after paying income taxes.

Disposable Income

This refers to the amount of money that households have available for spending and saving after income taxes have been accounted for.

Disposable Income

The total funds available for spending and saving by households after subtracting income taxes.

Savings

Money set aside from personal income for future use, often placed in secure accounts or investments for growth or as a safeguard.