_____ Advocated That Countries Should Simultaneously Encourage Exports and Discourage

question 139

Multiple Choice

_____ advocated that countries should simultaneously encourage exports and discourage imports.

• A) Ethnocentrism
• B) Capitalism
• C) Collectivism
• D) Mercantilism
• E) Socialism

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Definitions:

Monopoly Power

The ability of a monopoly to dictate what takes place in a given market.

Antitrust Violation

An offense under laws intended to protect trade and commerce from abusive practices such as monopoly, restraint of trade, and unfair business practices.

Social Media Site

A website or platform that enables users to create and share content or participate in social networking.

Per Se Violation

An action that is inherently illegal and does not require further proof of harm or anticompetitive effects to be considered a breach of law.