Mercantilism excludes the facts that in many cases export is good for the economy.
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The theory of Mercantilism says you should have a trade surplus by minimizing export through subsidies and maximizing import through tariffs and quotas.
Mercantilism believes hat all export of gold and silver be prohibited and all domestic money be kept in circulation.
Mercantilism believes that a nation’s wealth depends on its stock of natural resources.
Insurance is to be purchased by the buyer if a transaction is concluded on ________ basis.
A. CIF
B. FCA C.DDP D.CIP
C. DDP D.CIP
D. CIP