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Ricardo's Theory of Trade Discredited the Idea That Inflows of Gold

Question 163

Multiple Choice

Ricardo's theory of trade discredited the idea that inflows of gold or silver
As a result of exporting helped a nation, while outflows of gold or silver
As a result of importing hurt a nation; that was known as:


A) export preference.
B) mercantilism.
C) monetary economics.
D) price­specie­flow mechanism.

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