According to Mercantilism,the Accumulation of National Wealth Depended on the ________

question 96

Multiple Choice

According to mercantilism,the accumulation of national wealth depended on the ________.

• A) increase in a nation's trade surplus
• B) increase in a nation's trade deficit
• C) expansion of a nation's total value of trade
• D) expansion of a nation's total volume of trade

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Definitions:

Tax-Exempt Status

A designation by tax authorities that allows an organization to be exempt from paying income tax on certain conditions.

Discriminated

Refers to unfair or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Public Purposes

Activities or functions carried out with the intention of benefiting the general public.

Standing to Sue

The legal right of an individual or entity to initiate a lawsuit, based on their sufficient stake in the outcome of the dispute or having been directly affected by the actions in question.