Examlex
A supporter of mercantilism would advocate which of the following?
Constraints
Limitations or restrictions that affect decision-making or the ability to pursue certain actions.
Economic Beings
Individuals or entities that make decisions based on the maximization of utility or profit, considering factors like scarcity, resources, and preferences.
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often justifying government intervention.
Self-Interest
The consideration of one's own advantage or well-being above the welfare of others or the community.
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