10/24 Flashcards
1
Q
mercantilism
A
its in a countrys best interest to maintain a trade surplus. Export more man import.
-Zero sum game
2
Q
autarky
A
no trade, poor employment of resources
mercantilism
its in a countrys best interest to maintain a trade surplus. Export more man import.
-Zero sum game
autarky
no trade, poor employment of resources