The mercantilists would have objected to:
A)the use of tariffs or quotas to restrict imports
B)international trade based on open markets
C)export promotion policies initiated by the government
D)trade policies designed to accumulate gold

Question

Quizplus · Accepted Answer

Mercantilists believed that a country's wealth was best measured by its accumulation of gold and silver and that trade surpluses were necessary to achieve this. Therefore, they would have objected to open markets and free trade policies that would have allowed for greater imports and less barriers to entry for foreign goods.

The Mercantilists Would Have Objected To