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Which of the Following Characterizes Mercantilist Governmental Policies

Question 12

Multiple Choice

Which of the following characterizes mercantilist governmental policies?


A) They advocated that governments should not interfere in the local economy.
B) They suggested that a nation should be materially rich with more trade imports than exports.
C) They argued that manufactured goods should be produced inexpensively by local colonial labor.
D) They suggested that a nation's international power was based on its wealth, especially its gold supply.

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