Multiple Choice
What did Adam Smith believe about the ultimate effects of mercantilist policies on the health of a country's economic situation?
A) Mercantilist policies strengthen an economy by protecting against competition.
B) Mercantilist policies result in strong rates of unemployment.
C) Mercantilist policies reduce the wealth of a country as a whole.
D) Mercantilist policies harm special interest groups.
Correct Answer:
Verified
Correct Answer:
Verified
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