Advocates of "mercantilism" argued for all of the following EXCEPT that

A. governments should abstain from any involvement in the economy.
B. a nation prosperity depended upon a plentiful supply of bullion (gold and silver).
C. exports must exceed imports.
D. tariffs should be place on foreign goods.
E. governments should improve transportation facilities and grant trade monopolies to businesses.


Answer: A

History

You might also like to view...

Which of the following was not a trend in American democracy during the 1820s and 1830s?

a. The idea of a "common man" and "manliness" became an important factor with candidates. b. Selling candidates and their images was as important as the positions for which they stood. c. A spirit of popular involvement in politics enlivened the public sphere. d. Ironically, as the number of eligible voters rose, voter turnout in elections declined.

History

Who was convicted for his involvement in the Teapot Dome scandal?

A. Carl Fisher B. Warren Harding C. Charles Ponzi D. Albert Fall

History

What impact did rural free delivery (RFD) have on the lives of farmers?

a. It undercut their profits. b. It ended the migration of farmers to cities. c. It reduced their sense of isolation. d. It made farm life far more affordable.

History

Which statement about the National Origins Act of 1924 is NOT true?

A. It completely cut off foreign immigration. B. Its system of quotas favored certain races. C. It reflected a resurgent nativism. D. It set immigration policy for the next 40 years, reversing the three-century-old practice of virtually open immigration.

History