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:

Popular

The term 'popular' is used to describe something widely liked, admired, or accepted by a large number of people.

Seller's Talk

A term used to describe the verbal communication or pitch by a seller aimed at persuading potential buyers to make a purchase.

Liability

The legal responsibility for one's actions or omissions, which may entail financial or legal sanctions.

Bilateral

Involving two parties, groups, or countries, especially in agreements or negotiations.