Which of the Following Is in a Country's Best Interests

question 12

Multiple Choice

Which of the following is in a country's best interests, according to the main tenet of mercantilism?

• A)Importing products from developing rather than developed countries
• B)Importing products even if they are efficiently produced at home
• C)Importing less specialized goods rather than attempting to make them at home
• D)Minimizing exports and maximizing imports
• E)Maintaining a trade surplus

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Definitions:

Initiative

The ability to assess and initiate things independently.

Informing

The act of communicating or providing knowledge or information to someone, often to ensure they are aware of facts or procedures.

Job Description

A formal account of an employee's responsibilities, duties, and the scope of the job they’re being hired to perform.

Cultural Beliefs

The shared values, traditions, norms, and practices of a particular group that shape their behavior and views.