Many states' foreign policies are influenced by _________ a practice of centuries past in which trade and foreign economic policies were manipulated to build up a monetary surplus that could be used to finance war.
Correct answer: B. mercantilism
- A. corporatism
- B. mercantilism
- C. despotism
- D. capitalism
Explanation
Mercantilism links state power with economic policy, especially export promotion and accumulation of monetary reserves to strengthen the state and finance war. Capitalism is a broader economic system and does not specifically describe this state-directed practice.
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Practise International Political Economy
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