According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.
A. Gold Theory
B. Ricardo Theory
C. Mercantilism
D. Hecksher Theory
Answer:C
According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.
A. Gold Theory B. Ricardo Theory C. Mercantilism D. Hecksher Theory