Which statement best describes a mercantilist economic system?
a. Trade benefits all trading partners equally.
b. Trade benefits only the weak nations.
c. One nation’s success in commerce has no effect on other nations.
d. One nation’s success in commerce is another nation’s loss.
e. One nation’s success in commerce benefits all nations.
ANSWER
D
Place an order in 3 easy steps. Takes less than 5 mins.