Multiple Choice
Diplomacy
-Which of the following statements best explains the theory of mercantilism?
A) Industrial profits should be reinvested in empire to improve the standard of living there.
B) The more wealth that is distributed among the colonists, the better the state will be.
C) Competition for finite resources will lead to overpopulation or conflict.
D) The ruling merchant class maintains all discernible political power.
E) Colonies trade exclusively with the mother country in exchange for maintenance.
Correct Answer:
Verified
Correct Answer:
Verified
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