History, asked by zaalvasania8040, 9 months ago

State your opinion the economy based on surplus production supported economic nationalism and also imperialism

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Answered by piyush00721
2

Answer:

Economic nationalists oppose globalization or at least question the benefits of unrestricted free trade, favoring protectionism. To economic nationalists, markets are subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains (as opposed to mutual gains).

Explanation:

This is my opinion

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