Which economic theory best describes the exemption certain countries received in the so-called chocolate wars?
A)economic liberalism
B)constructivism
C)mercantilism
D)idealism

Question

Quizplus · Accepted Answer

Mercantilism is an economic theory that emphasizes the need for a country to maximize its exports and minimize its imports. This theory explains why certain countries were exempted from the trade barriers imposed in the chocolate wars. These countries were primarily European countries that had a long history of producing chocolate, and the exemptions were seen as a way to protect their domestic chocolate industries.

Which Economic Theory Best Describes the Exemption Certain Countries Received