Another term for neomercantilism is ________.
A) new trade
B) free trade
C) economic nationalism
D) political nationalism

Question

Quizplus · Accepted Answer

Neomercantilism is a policy that emphasizes promoting domestic economic interests through protectionist measures and state intervention in the economy. Economic nationalism, which prioritizes domestic interests over international ones, is another term for neomercantilism. Options A and B are incorrect because they are not synonymous with neomercantilism. Option D is not a commonly used term in economics and does not refer to the concept of neomercantilism.

Another Term for Neomercantilism Is ________