What respects did pettys economic analysis extend

Reference no: EM133246674

Question 1: Compare and contrast modern arguments for protectionism with those of the Mercantilist era.

Question 2: Mercantilists realized that (a) a surplus of exports would cause gold and silver to flow in from other countries, and (b) increases in the stock of money can drive up a nation's prices. Are these outcomes compatible with one another in the long run?

Question 3: On what basis did the mercantilist Thomas Mun defend the practice of shipping some gold abroad?

Question 4: Match the following persons with their ideas or contributions. Explain each match.

____Malynes a. Wars fought at home are better than wars fought abroad.

____Davenant b. Compulsory labor on roads.

_____Petty c. Strong defense of merchants.

_____Colbert d. Political Arithmetick.

Question 5: In what respects did Petty's economic analysis extend beyond the typical mercantilist views?

Reference no: EM133246674

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