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Describe the mercantilisma theory of international trade

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Question: Why do countries trade with each other? What would happen if countries curtailed or did not trade with each other? Select a theory discussed in chapter 2, and discuss how it explains why it is beneficial for a country to engage in international trade.

Theory I selected mercantilisma theory of international trade that supports the premise that a nation could only gain from trade if it had a trade surplus

Reference no: EM132768028

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