The Mercantilists’

The Mercantilists’

University

10 Qs

quiz-placeholder

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The Mercantilists’

The Mercantilists’

Assessment

Quiz

Social Studies

University

Medium

Used 8+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

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

Media Image

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

Media Image

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

Media Image

The wealth of one country must come at the expenses of another country

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

Media Image

Identify factor(s) that mercantilism view as "wealth".

Gold

Silver

Bronze

Paper Notes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The wealth of one country must come at the expenses of another country

True

False

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