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  • Question
  • Mercantilism was the principle that


  • Options
  • A. Wealth is created in business relations
  • B. The goal is an active trade balance of trade
  • C. To serve protectionism, government subsidies and the issue of protective tariffs
  • D. All of the above

  • Correct Answer
  • All of the above 

    Explanation

    Mercantilism was the principle that wealth of a nation comes from trading with other nations and also comes by imposing government regulations on all of the nation's economic interests.

     

    The main principles of mercantilism:

    ? the country's wealth is determined by the amount of precious metals in the country,

    ? Wealth is created in business relations (International Trade)

    ? The goal is an active trade balance of trade,

    ? to serve protectionism, government subsidies and the issue of protective tariffs.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    World History problems


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    • 1. During world war II, Germany was a member of the

    • Options
    • A. Axis powers
    • B. Allies
    • C. Both A & B
    • D. None of the above
    • Discuss
    • 2. Which led to the creation of the Church of England?
    • Discuss
    • 3. Which statement about the Gulf of Tonkin incident is true?
    • Discuss
    • 4. The Congress of Vienna led to revolts in France because

    • Options
    • A. People want absolute Monarchy
    • B. To prevent one ruler to take too much power
    • C. People do not want absolute Monarchy
    • D. None of the above
    • Discuss
    • 5. Which event led to the siege of Yorktown?

    • Options
    • A. Restriction of the British food supply
    • B. The British occupation of Yorktown
    • C. Authorization to end the war at Yorktown
    • D. All of the above
    • Discuss
    • 6. What was true about the 1892, Homestead strike?
    • Discuss
    • 7. Whose disciples founded yellow hats?

    • Options
    • A. Buddha
    • B. Tsongkhapa
    • C. Ramakrishna
    • D. Kabir
    • Discuss
    • 8. What international event led to the red scare?

    • Options
    • A. Epidemic in Germany
    • B. Revolution in Russia
    • C. Murder in Italy
    • D. Election in Britain
    • Discuss
    • 9. What was the Oseberg ship used for?
    • Discuss
    • 10. Fighting began in Lexington and concord when British troops
    • Discuss


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