Multiple choice

What is the policy of Mercantilism?

  1. Expand the country as much as possible

  2. Trade with local merchants

  3. Maximize exports and minimize imports

  4. Maximize imports and minimize exports
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Mercantilism is an economic theory that advocates for maximizing exports and minimizing imports to accumulate wealth, typically in the form of gold and silver.

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