A. There is an unlimited amount of wealth in the world.
B. Colonies should concentrate on manufacturing, not on exporting raw materials.
C. Protectionism and regulation are the best ways to keep nations prosperous.
D. Free markets lead to national wealth.
E. Colonial trade tends to weaken empires.
2007-01-11 06:03:54 · 5 answers · asked by Patrick 2 in Social Science ➔ Economics
Mercantilism is an economic theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is "unchangeable." Capital, represented by bullion (gold or silver) held by the state, is best increased through a positive balance of trade with other nations (exports over imports).
so the answer is C
2007-01-11 10:55:13 · answer #1 · answered by sedatp 1 · 1⤊ 0⤋
D. Free Markets lead to national wealth.
2007-01-11 06:12:01 · answer #2 · answered by wolf14 1 · 0⤊ 0⤋
Mercantilism was the effort in the 1800s to maximize exports and minimize imports; so the answer is C (by elimation)
2007-01-11 06:08:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
D stands out to me..and is now evidenced by moves to globalize free trade and break down barriers to it.
2007-01-11 06:29:16 · answer #4 · answered by Rick 3 · 0⤊ 0⤋
C
2007-01-11 06:12:27 · answer #5 · answered by Mr. DC Economist 5 · 0⤊ 0⤋