The major advantage of mercantilism was that it viewed trade as a zero

QUESTION

The major advantage of mercantilism was that it viewed trade as a zero-sum game.

Indicate whether the statement is true or false.

ANSWER

FALSE
The flaw with mercantilism was that it viewed trade as a zero-sum game. (A zero-sum game is one in which a gain by one country results in a loss by another.)