Advocates of "Mercantilism" Argued for All of the Following Except

question 73

Multiple Choice

Advocates of "mercantilism" argued for all of the following except

• A)governments should abstain from any involvement in the economy.
• B)a nation prosperity depended upon a plentiful supply of bullion (gold and silver).
• C)exports must exceed imports.
• D)tariffs should be placed on foreign goods.
• E)governments should improve transportation facilities and grant trade monopolies to businesses.

---

Definitions:

Stock Options

Financial derivatives allowing the holder to buy or sell specific shares at a predetermined price within a set time frame.

Customary Type

Practices or items that are traditional or expected within a certain context or society.

Dividend

A portion of a company's earnings distributed to its shareholders, usually in the form of cash or additional stock.

Properly Declared

Refers to actions or decisions that are formally announced or made known in accordance with established procedures or laws.