In Which of the Following Ways Do Both Communism and Mercantilism

question 21

Multiple Choice

In which of the following ways do both communism and mercantilism differ from liberalism?

• A)They typically employ relatively low tariff barriers.
• B)They have high state autonomy and capacity.
• C)They agree that markets should play a role, if a limited one.
• D)Inequality is often a result of state economic policy.
• E)The state role in the economy is minimal.

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Definitions:

Objectively

In a manner that is not influenced by personal feelings, interpretations, or prejudice; based on facts and unbiased.

Subjectively

In a manner based on personal feelings, tastes, or opinions.

Intercultural Communication Theory

A framework that examines how people from different cultural backgrounds communicate and interact with each other.