Which of the following does mercantilism not state?
A. Exports should have more value than imports
B. Encourage imports and discourage exports
C. Sell more than you buy
D. Trade is a zero sum game
E. It states all of these.
Answer: B
Which of the following does mercantilism not state?
A. Exports should have more value than imports
B. Encourage imports and discourage exports
C. Sell more than you buy
D. Trade is a zero sum game
E. It states all of these.