Neomercantilism Describes the Approach of Countries That Try to Run

question 72

Multiple Choice

Neomercantilism describes the approach of countries that try to run a favorable balance of trade to ________.

• A)build up gold reserves
• B)achieve a social or political objective
• C)lower their rates of inflation
• D)buy raw materials more cheaply

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Definitions:

Indefinitely

For an unlimited or unspecified period of time, often used in the context of contracts or agreements.

Rate of Return

The increase or decrease in the value of an investment during a set timeframe, represented as a proportion of the investment's initial expense.

Dividends

Payments made by a corporation to its shareholder members, representing a distribution of the company's profits.

Annually

A term that pertains to an event or item that occurs once every year.