The main policy goal for a country according to the mercantilists ...

[washai]

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.

[nmyers]

Answer to Question 1

D

Answer to Question 2

B

[washai]

Gracias!

[momolu]

Excellent