Question

Mercantilism is the economic idea that
In order for a country to prosper, its exports must exceed its imports.
O In order for a country to prosper, its imports must exceed its exports.
O A country needs colonies in order to get rich.
O All of the above are true.

Answer 1

Answer: Mercantilism is the idea that in order for a country to prosper, its exports must exceed its imports.

Explanation:

It is the idea that you must buy less and sell more to increase profits.