Which of the following argues that it is in a country’s best interests to maintain a trade surplus?
answer choices
– Theory of national competitive advantage
– Principle of mercantilism
– Principle of absolute advantage
– New trade theory
Which of the following argues that it is in a country’s best interests to maintain a trade surplus?
answer choices
– Theory of national competitive advantage
– Principle of mercantilism
– Principle of absolute advantage
– New trade theory