Mercantilism: The Obsession with Trade Balance Quiz

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Mercantilism: The Obsession with Trade Balance: a General level Economics quiz. Test your knowledge with 14 questions!
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Questions

Question 1
What was the main goal of mercantilism?
A Reducing taxes
B Accumulating gold
C Individual liberty
D Free trade
Question 2
Mercantilism views global wealth as:
A Infinite
B Decreasing
C Irrelevant
D Fixed
Question 3
What is a positive trade balance?
A High exports
B High taxes
C High imports
D Low production
Question 4
What did mercantilist nations often use to protect domestic industries?
A Open borders
B Global currency
C Subsidies for consumers
D Tariffs
Question 5
Mercantilism favors which sector?
A Education
B Leisure
C Services
D Manufacturing

📋 This quiz has 14 questions in total.

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