Economics 493/593
Fall 2008
Due: End of class on 10/14
Homework #1
1. List and briefly explain the major tenets of the mercantilist school.
2. Choose a country that is currently attempting to use economic policy to affect their trade balance and interpret those policies from a mercantilist perspective. In what way do the policies fit the mercantilist framework? In what way are they different?
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