The Oldest Form of Trade Theory Is Called _____

question 12

Multiple Choice

The oldest form of trade theory is called _____.

• A) mercantilism
• B) factor equalization
• C) Machiavellianism
• D) absolute advantage
• E) comparative advantage

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Definitions:

Welfare

A government program that provides financial aid and services to support individuals and families in need.

Random Digit Dialing

A method of sampling telephone numbers at random for surveys, to ensure a representative sample of a population.

Telephone Numbers

A sequence of digits assigned to a landline or mobile telephone subscriber station connected to a telephonic network, through which the subscriber can be reached.

Push Poll

A controversial polling technique where the questions are designed to shape or influence the respondent's opinion rather than measure it.