Which of the Following Statements Is TRUE of the Economic

question 11

Multiple Choice

Which of the following statements is TRUE of the economic theory of mercantilism?

• A) According to this theory, a nation's prosperity depends on its human capital.
• B) This theory discourages import and export and advocates that a nation be self-sufficient.
• C) This theory rejects the idea that the government should play a role in the economy.
• D) According to this theory, governments should encourage exports and discourage imports.

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