question 2 of 10\nwhich of the following actions would be favored by a government that supports a…

question 2 of 10\nwhich of the following actions would be favored by a government that supports a mercantilist economy?\na. a sailor stores his gold and silver in banks in the many foreign countries he frequently visits.\nb. a merchant uses resources found in his own country to make goods to sell in other countries.\nc. a small business owner argues that the government has no right to regulate his business.\nd. a wealthy factory owner purchases luxury goods from european, african, and asian businesses.

question 2 of 10\nwhich of the following actions would be favored by a government that supports a mercantilist economy?\na. a sailor stores his gold and silver in banks in the many foreign countries he frequently visits.\nb. a merchant uses resources found in his own country to make goods to sell in other countries.\nc. a small business owner argues that the government has no right to regulate his business.\nd. a wealthy factory owner purchases luxury goods from european, african, and asian businesses.

Answer

Brief Explanations:

Mercantilism emphasizes a positive balance - of - trade, where a country exports more than it imports and accumulates precious metals. Using domestic resources to make goods for export helps in achieving a positive trade balance and accumulating wealth for the nation, which is in line with mercantilist principles. Option A would lead to the loss of precious metals from the home country. Option C goes against the mercantilist idea of government regulation of trade. Option D involves importing luxury goods, which is not favorable in a mercantilist system.

Answer:

B. A merchant uses resources found in his own country to make goods to sell in other countries.