Mercantilists differ from liberalists in all of the following ways except,
A) mercantilists do not see wealth and economic growth as ends in themselves.
B) liberalists treat all specializations as equal in value; mercantilists do not.
C) mercantilists view the state as having an active and vital role in their economies; liberalists do not.
D) mercantalists would advocate for free trade over protectionism.

Question

Quizplus · Accepted Answer

All of the options listed differentiate the views of mercantilists from liberalists, except for option D. Mercantilists typically support protectionist policies and believe in using the state to promote domestic industries, whereas liberalists advocate for free trade and market competition.

Mercantilists Differ from Liberalists in All of the Following Ways