_______ Is Not Consistent with the Central Beliefs of Mercantilism

question 30

Multiple Choice

_______ is not consistent with the central beliefs of mercantilism.

• A)Government should intervene to achieve a surplus in the balance of trade
• B)Policies should be put in place to encourage exports and discourage imports
• C)Imports should be limited by tariffs and quotas
• D)Exports should be subsidized
• E)Local manufacturing companies should be protected from foreign competition

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Definitions:

Lawrence Kohlberg

A psychologist known for his theory of moral development, which proposes that moral reasoning progresses through a series of stages.

Moral Reasoning

The process by which an individual makes decisions about what is right and wrong, often based on ethics, values, and societal norms.

Personal Moral Principles

A set of values and ethical standards that an individual holds as guides for their behavior and decision-making.

Law and Order

A phrase referring to the strict enforcement of laws and the maintenance of public order and safety.