Author Question: Liberal economists believe that the good of all nations would be served by __________. a. ... (Read 28 times)

jilianpiloj · **on:** Sep 4, 2018

Liberal economists believe that the good of all nations would be served by __________.

a. establishing stricter regulations on international division of labor
b. permitting the free flow of capital among nations
c. minimizing travel of goods across national borders
d. discouraging states from pursuing their own economic self-interest

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.