题目内容

Mercantilism states that nations should accumulate financial wealth by encouraging and discouraging_.

A. investment disinvestment
B. taxation tax rebate
C. exports imports
D. production consumption

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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

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