As described in this mini case, the ideology of economic nationalism seeks to implement trade policies that help to keep jobs and investment at home. The belief that a country must export as much as possible and, in turn, import as little as possible is described by which theory of international trade?
a. Factors of production
b. Heckscher-Ohlin (H–O) theory
c. Comparative advantage
d. Mercantilism

Q&A Education