Author Question: Mercantilism A) is the philosophy of free international trade. B) was a system of export ... (Read 82 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
Mercantilism
 
  A) is the philosophy of free international trade.
  B) was a system of export promotion and barriers to imports practiced by governments, especially in the 17th and 18th centuries.
  C) was praised by Adam Smith in The Wealth of Nations.
  D) Both A and C.

Question 2

Which of the following is NOT an obstacle to increased international economic integration?
 
  A) Monopoly powers given to domestic companies of individual nations
  B) High tariff rates imposed by industrialized nations
  C) Health and safety standard requirements
  D) Labor and environmental standard requirements
  E) Income disparities among and within trading partners



Pswine

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

For a complete list of videos, visit our video library