This is a tax on goods brought into a country...
Mercantilism

Quiz
•
History
•
7th Grade
•
Hard
Harold Ruska
Used 1K+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mercantilism
Feudalism
Tariff
Market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who controls and regulates trade in a mercantilist economy?
The government
Tax payers
Individuals
Voters
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What group of people benefited from the introduction of international trade?
Nobles
Kings
Europeans
Merchants
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one role colonies play in a mercantilist system?
Colonies purchase raw materials from other countries.
Colonies manufacture finished products for the mother country.
Colonies sell raw materials to other countries.
Colonies purchase finished products from the mother country.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the goal of mercantilism?
To control trade and gain wealth
Make colonies wealthy
Import many goods from other nations
Share wealth with other nations
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which response BEST represents feudalism?
Exports have greater value than imports
Land ownership for protection
Building up bullion for homeland
Government regulates trade
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: When the value of what a country exports is more than the cost of imports
Capitalism
Bullion
Favorable balance of trade
Economics
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