INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi International Trade and Finance soru detayı:

PAYLAŞ:

SORU:

What do Mercantilists argue?


CEVAP:

Mercantilists argue that the way for a country to become powerful and rich is to export more but import less. Such a policy entails a protectionist trade policy. Mercantilism acknowledged international trade as a zero-sum game. It means that with international trade a country can gain in the expense of its trade partner.