The Mercantilists Believed in

question 5

Multiple Choice

The Mercantilists believed in

• A) running trade surpluses
• B) balanced trade
• C) the logic of Adam Smith
• D) no government intervention in markets.

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Definitions:

Real-Life

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Laboratory Controls

Procedures and conditions implemented in a research study to minimize the effects of external variables, ensuring that the experiment measures what it intends to.

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Life on Mars

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