Question

Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade surplus. c. regional dominance.d. a trade monopoly.e. capitalism.

Answer 1

Answer: balance of trade surplus

Explanation:

Neomercantilism is a policy regime whereby export was encouraged while import was, discouraged. It also controls capital movement, and advocatee for currency decisions to be a government decision.

Neo-mercantilists equate political power with economic power and economic power with balance of trade surplus which is when the value of exports are more than that of imports.