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Mercantilism: Gold, Trade, and National Wealth Quiz

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Mercantilism: Gold, Trade, and National Wealth: a General level Economics quiz. Test your knowledge with 14 questions!

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Questions

Question 1

Mercantilists believed a nation should export more than it...?

A Consumes

B Imports

C Invests

D Produces

Question 2

What is a positive balance of trade?

A No trade at all

B Equal trade

C More exports than imports

D More imports than exports

Question 3

Mercantilism was most popular during which era?

A The Stone Age

B 16th to 18th century

C Modern times

D The digital age

Question 4

What did mercantilists often use to restrict imports?

A Tariffs

B Open markets

C Free trade

D Subsidies

Question 5

Which precious metal was the primary focus of mercantilist wealth?

A Copper

B Gold

C Iron

D Lead

📋 This quiz has 14 questions in total.