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Mercantilism viewed trade as a zero - sum activity, which means that Multiple Choice every country that engages in international trade gains from that trade
Mercantilism viewed trade as a zerosum activity, which means that Multiple Choice every country that engages in international trade gains from that trade because as trade activity increases, the amount of goods traded increases. there was nothing to be gained from international trade, so there was no reason to trade. one country's gains in international trade come at the expense of other countries because there is only a certain amount of international trade that is available. Once a countrys trade is established, it cannot be increased or decreased.
Mercantilism viewed trade as a zerosum activity, which means that
Multiple Choice
every country that engages in international trade gains from that trade because as trade activity increases, the amount of goods traded increases.
there was nothing to be gained from international trade, so there was no reason to trade.
one country's gains in international trade come at the expense of other countries because there is only a certain amount of international trade that is available.
Once a countrys trade is established, it cannot be increased or decreased.
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