Multiple Choice
Ricardo's theory of trade discredited the school of economic thought that believed 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. This school of economic thought was known as:
A) export preference.
B) mercantilism.
C) monetary economics.
D) price-specie-flow mechanism.
Correct Answer:
Verified
Correct Answer:
Verified
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