Louis XIV's Finance Minister,Jean-Baptiste Colbert,was a Confirmed Mercantilist Who Believed

question 67

Multiple Choice

Louis XIV's finance minister,Jean-Baptiste Colbert,was a confirmed mercantilist who believed that France's wealth would increase if it:

• A)only traded with its colonies.
• B)adopted policies that encouraged free trade.
• C)closed its borders to trade.
• D)reduced its exports and increased its imports.
• E)reduced its imports and increased its exports.

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Definitions:

Strike

A collective work stoppage initiated by employees to express grievances or demand higher pay, better working conditions, or other changes.

Umbrella Organization

An overarching entity composed of and representing a group of separate organizations, typically with a common goal or focus.

National Unions

Labor unions that represent the interests of workers across various industries and sectors at a national level.

Types of Bargaining

Various negotiation methods including distributive (win-lose) and integrative (win-win) approaches, used to settle disputes or reach agreements.