People Who Might Be Called "Neomercantalists" Are Most Likely to Argue

Multiple Choice

People who might be called "neomercantalists" are most likely to argue that
1) the benefits from international trade increase with the size of the trade surplus;
2) the power of the government is related to the size of the trade balance;
3) the country's living standard is related to the size of the trade surplus.

A) 1 and 2
B) 2 and 3
C) 1,2,and 3
D) 2 only
E) 3 only