Mercantilism. Which of these statements is NOT true?
A.Countries amass great wealth by building supplies of gold and silver.
B.countries export more than they import.
C.Countries need colonies for raw materials and a ready market for finished goods.
D.Countries import more finished goods than they export.
Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, colonialism, tariffs and subsidies on traded goods to achieve that goal.
