
The Mercantilists’
Social Studies
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The mercantilism idea define wealth in a country ____
by the amount of gross domestic product (GDP)
in accumulated amount of gold and silver
by net trade
none of above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify non factor to obtain "wealth" by the mercantilism idea
Extraction from naturally occurring stocks
Exporting more goods and services
Domestic production subsidies policy
Imposing less import tariff
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mercantilism idea concludes that export should be less than import in order to become rich country.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The wealth of one country must come at the expenses of another country
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify policy suggested by mercantilism idea
Promote positive trade balance
Promote more Export Tariff
Imposing less protectionism
Influence residence to import more goods and services
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Identify factor(s) that mercantilism view as "wealth".
Gold
Silver
Bronze
Paper Notes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The wealth of one country must come at the expenses of another country
True
False
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