Mercantilism: Trade and Power Quiz

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Mercantilism: Trade and Power: a General level Economics quiz. Test your knowledge with 12 questions!
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Questions

Question 1
What is a protective measure against imports?
A Grant
B Tariff
C Subsidy
D Dividend
Question 2
What happens when a country exports more than it imports?
A Balanced budget
B Trade surplus
C Economic collapse
D Trade deficit
Question 3
Which policy supports domestic industries with government funding?
A Export subsidies
B Price ceilings
C Import tariffs
D Free trade
Question 4
What is the primary goal of protectionist policies?
A Lower national wealth
B Encourage consumer spending on imports
C Protect domestic jobs
D Increase foreign competition
Question 5
Mercantilism views global trade as what kind of game?
A Cooperative game
B Non-existent
C Zero-sum game
D Positive-sum game

๐Ÿ“‹ This quiz has 12 questions in total.

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