Question: Question 2 (20 marks) 2a. Explain briefly the underlying assumptions under Mercantilism. (9 marks) 2b. State THREE (3) flaws of Mercantilism. (6 marks) 2c. Describe

Question 2 (20 marks) 2a. Explain briefly the underlying assumptions under Mercantilism. (9 marks) 2b. State THREE (3) flaws of Mercantilism. (6 marks) 2c. Describe any TWO (2) methods that a government uses to promote international trade

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