Author Question: Nations following the theory of ________ believed that the world's wealth was limited and that a ... (Read 79 times)

nautica902 · **on:** Jul 7, 2018

Nations following the theory of ________ believed that the world's wealth was limited and that a nation could increase its share of the pie only at the expense of its neighbors.

A) absolute advantage
B) comparative advantage
C) mercantilism
D) factor proportions

Question 2

Another term for neomercantilism is ________.

A) new trade
B) free trade
C) economic nationalism
D) political nationalism