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4 October, 21:57

Under the mercantile theory, each nation tried to sell less goods abroad than it imported.

a. True

b. False

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Answers (1)
  1. 4 October, 23:08
    0
    No, it is false that under the mercantile theory, each nation tried to sell less goods abroad than it imported, since the main idea was to increase profits through trade by selling (exporting) as many goods as possible.
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