Friedrich List, the German economist, rejected laissez faire and free trade and argued that
a. England was unfairly oppressing religious minorities into serfdom.
b. Germany could only effectively compete with Britain by erecting tariffs against British imports.
c. capitalism was doomed to fail in the wake of violent revolution between the haves and have-nots.
d. laissez-faire economics could not work in continental Europe because of nationalist interests.
e. Adam Smith was wrong, and mercantilism was the correct and best economic model.
ANSWER:
b
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