Which of the Following Statements Is Incorrect with Regard to the Importance

question 33

Multiple Choice

Which of the following statements is incorrect with regard to the importance of colonies for mercantilist nations?

• A) They served as sources of inexpensive raw materials.
• B) They served as markets for higher-priced finished goods.
• C) They served as a source of military protection.
• D) They served as a source of profits for mercantilist powers.

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