Which of the Following Is Consistent with the Central Beliefs

question 40

Multiple Choice

Which of the following is consistent with the central beliefs of mercantilism?

• A)A country's government should intervene to achieve a surplus in the balance of trade.
• B)A large volume of trade is essential regardless of whether it comes from imports or exports.
• C)Trade is a positive-sum game in which all countries benefit from trading with each other.
• D)A country that has an absolute advantage in the production of all goods derives no benefits from international trade.
• E)Potential world production is greater with unrestricted free trade than it is with restricted trade.

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Definitions:

Secondary Purposes

Additional, often unintended goals or outcomes that complement or diverge from a primary objective.

Non-Governmental Organization

An independent organization not affiliated with any government, often involved in humanitarian, environmental, educational, or development work.

Persuasion Strategy

Techniques and methods used to influence others' beliefs, attitudes, intentions, motivations, or behaviors favorably.

Organizations

Structured groups of people working together toward shared goals, often characterized by a hierarchy of authority.