According to the Mercantilists

question 10

Multiple Choice

According to the mercantilists:

• A)Only one nation can gain from trade,and it is at the expense of other nations.
• B)All nations can gain mutually from trade without any reduction in welfare to any nation.
• C)No nations gain from trade,as it is necessary for each country to sacrifice more than they gain.
• D)Trade has nothing to do with a nation's wealth or well-being.

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Definitions:

Artists

Creative individuals who produce art, such as paintings, sculptures, music, and literature.

Puncture

A small hole made by a sharp object such as a needle or nail.

Needles

Thin, sharp objects typically made of metal, used for sewing or as part of medical instruments to inject or draw fluids.

Needles

Thin, pointed metal implements used for sewing or medical purposes, such as stitching fabric or administering injections.