Mercantilism states that all raw materials found in a country should be used in domestic manufacture, since finished goods have a_______ value than raw materials.
A. more tangible
B. lower
C. decreased
D. higher
查看答案
According to Adam Smith in his The Wealth of Nations (1776), trade between nations is beneficial if it is based on_______.
Absolute advantage
B. Comparative advantage
C. Trade surplus
D. Free trade
Mercantilism holds that opportunities should be constantly sought for selling a country's _____ manufactures to foreigners, so far as necessary, for gold and silver.
A. superior
B. remaining
C. surplus
D. inferior
Absolute advantage assumes that labor can switch between products easily and they will work with same______ which in reality cannot happen.
A. efficiency
B. proficiency
C. expediency
D. effectiveness
Import License, Export License, Certificate of Origin, Inspection Certificate, Consular Invoice, and Customs Invoice are usually regarded as _______________ .
A. government control documents
B. finance documents
Commercial documents
D. insurance documents