According to Gilpin, wealth is
a. unrelated to the power of a state.
b. anything that can create future income.
c. impossible to define in an operational manner.
d. only those currencies that are backed by the power of a state.
e. only those natural resources that can augment a state's political power.
Question 2
Based on how Gilpin uses the terms, the chief difference between Marxism and mercantilism is that
a. in Marxism the state controls the economy, whereas in mercantilism the economy controls the state.
b. in Marxism the state controls the economy, whereas in mercantilism the state gives free rein to economic forces.
c. in Marxism the economy determines the character of the state, whereas in mercantilism the economy serves the state.
d. in Marxism economics and politics are intertwined, whereas in mercantilism the two domains are relatively autonomous.
e. in Marxism the state controls only the domestic economy, whereas in mercantilism the state controls only foreign trade.
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