Answer:
Correct answer is exporting more than you import.
Explanation:
The first option is the only correct one because the theory of mercantilism says that country can strengthen its economy only if it increases its export and decreases import. On the other side, this theory also focuses on the competition between the nation when it comes to economy.
All other options are wrong as they are not connected with this theory at all.
Environmental conditions generated regional differences in food, crops and culture.
Explanation:
Each region had different environmental conditions, such as climate and soil type and fertility. This makes the crops, crops and food produced in each region consistent with the environmental conditions in each region.
We can use the apple as an example. The apple is a crop that requires cold weather, deep soil, with high fertility and long days, for example. In this case, apples should be produced in states that had this type of environmental condition, but these conditions were not seen in all states. In this case, the states that did not have the necessary environmental conditions for the apple, planted other crops.
The climate and duration of the day and night also caused changes in the day of harvest and harvest of each culture in each state.
Trade barriers being abolished would increase trade to a great extent the positive aspects would be that consumer would have a variety of choice to chose from and the trade barriers being abolished means no duties and taxes so the cost of the imported good would be the same in exporting and importing country hence a benefit to the consumer moreover it has negative aspects as well that no duties for the importing country and hence the local producers would be negatively affected as their sales would go down as people would be consuming more of imported good than domestic goods.
Responses may vary but should include some or all of the following information:
The United Kingdom, Germany, and Russia all have mixed economies. The United Kingdom and Germany share the most in common. They both have highly developed economies with few government restrictions and are focused on the service industry. The main difference between the two economies is that Germany is also focused on manufacturing, which makes it one of the most powerful economies in the world. Russia’s economy is somewhat different than the other two. Though it is a mixed economy, one of its greatest challenges is changing from a command economy to a market economy. The government has more control of Russia’s economy than the other two countries’ governments do of theirs. It is still a developing economy that is shifting form agriculture to manufacturing, energy, and service. Though Russia’s economy is growing quickly, it faces issues of corruption in the private sector and in government. This works for Edge nuity.
