Multiple Choice
The "paradox of Mercantilism" reflected that fact that
A) trade surpluses were fostered by protective tariffs.
B) rich countries were comprised of large numbers of poor people.
C) gold inflows led to higher prices and reduced exports.
D) gold could not be hoarded and provide money for the economy at the same time.
Correct Answer:
Verified
Correct Answer:
Verified
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