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Questions and Answers
Which economic policy seeks to maximize exports and minimize imports for an economy?
Which of the following is a characteristic of mercantilism?
During which time period was mercantilism dominant in Europe?
Who is considered to have written one of the first treatises on political economy with his 1613 work, A Short Treatise on the Wealth and Poverty of Nations?
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Which country began the first large-scale and integrative approach to mercantilism during the Elizabethan Era (1558–1603)?
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Who first articulated the Elizabethan system of mercantilism in England?
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Who is credited with best articulating French mercantilism in the 17th century?
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Which country became the financial center of Europe by being its most efficient trader and had little interest in seeing trade restricted?
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Which country had perhaps the most rigidly controlled economy in Europe under Frederick the Great?
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Which country's heavily protected industries led to famines as much of its agricultural land was required to be used for sheep instead of grain?
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Which country attempted to pursue mercantilism but had little success due to its lack of a large merchant class or an industrial base?
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Which country experienced significant economic growth under Jean-Baptiste Colbert's mercantilist policies?
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What were some of the key features of French mercantilism under Colbert?
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Which country remained supreme in terms of trading power despite Colbert's efforts?
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What was the goal of British mercantilism with respect to its colonies?
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Which term did Adam Smith use to criticize the economic system of mercantilism?
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What was the goal of the medieval scholastic theorists in Europe?
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Who benefited greatly from the enforced monopolies and bans on foreign competition under mercantilism?
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What economic ideology dominated for 250 years before being criticized by Adam Smith and David Ricardo?
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Who wrote the Principles of Political Economy, a major mercantilist work published in 1767?
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Which country produced noted writers of mercantilist themes including Giovanni Botero and Antonio Serra?
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Who are noted for their viewpoints on a wide range of economic matters beyond mercantilism as a way of understanding the wealth and power of nations?
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Who detailed a nine-point program of what he deemed effective national economy in his Austria Over All, If She Only Will of 1684, which comprehensively sums up the tenets of mercantilism?
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According to the text, which of the following best describes mercantilism?
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Who were the founding fathers of anti-mercantilist thought, according to the text?
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According to the text, what did John Locke argue in 1690?
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