The economic theory of mercantilism was based on
A. creating a favorable balance of trade.
B. establishing laissez-faire policies in the colonies.
C. buying as many raw materials as possible from other countries.
D. exempting wealthy merchants from taxes.
Answer: A. creating a favorable balance of trade.
You might also like to view...
An example of an additional service French peasants could be required to pay to a landowner might be __________.
A. service in a local militia B. a fee to use the landowner's mill to make bread C. hunting licenses D. alms paid to the landowner's church
Which of these was reflected in the division of Korea?
A) Japanese-Chinese hostilities B) cold war rivalries C) the Chinese civil war D) the divisions of World War II
Which of the following was the final link to the national market?
a. the department store b. the electric light c. the telegraph d. national advertising
Russians generally referred to all Europeans as __________
A) French B) infidels C) Germans D) papists