Q.

According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.

A. gold theory
B. ricardo theory
C. mercantilism
D. hecksher theory
Answer» C. mercantilism
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Discussion

Angela
2 years ago

Historically, foreign direct investment has followed foreign trade because


A.
The firm has already established its own sales company to import in its own name



B.
Foreign trade is less costly and less risky



C.
Management can expand the business in large increments



D.
All of the above

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