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.