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Which of the Following Is True of Mercantilism

Question 30

Multiple Choice

Which of the following is true of mercantilism?


A) Mercantilists believed that free trade is always beneficial for the trading nations.
B) Mercantilists believed that under free trade each of the trading countries benefit equally.
C) Mercantilists believed that a nation does not benefit directly from its exports.
D) Mercantilism believed that national well-being was based on national holdings of gold and silver.

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