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Mercantilism as an International Political Economy perspective posits that economic activity should serve to increase:

AGlobal free market competition
BState power and wealth relative to other nations
CClassless international communism
DIndividual consumer sovereignty exclusively

Explanation

Mercantilism views trade as a zero-sum game where states accumulate trade surpluses to enhance national power.

Exam Relevance
  • Topic: International Political Economy
  • Subtopic: IPE Theories
Submitted by: mcqstutor Team More Political Science MCQs →

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