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Author Question: The main policy goal for a country according to the mercantilists is A) to create a one-time ... (Read 54 times)

washai

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on: Jun 30, 2018
The main policy goal for a country according to the mercantilists is
 
  A) to create a one-time deficit in the balance of payments.
  B) to create a continuing deficit in the balance of payments.
  C) to create a one-time surplus in the balance of payments.
  D) to create a continuing surplus in the balance of payments.
  E) to create specie overflows.

Question 2

The domestic market failure argument is a particular case of the theory of
 
  A) the optimum, or first-best.
  B) the second best.
  C) the third best.
  D) the sufficing principle.
  E) the efficiency case for free trade.


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nmyers

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


washai

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Reply 2 on: Jun 30, 2018
Wow, this really help

diana chang

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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