Quiz for Document 17-2: Thomas Mun, England’s Treasure by Foreign Trade (1664)

1. Document Link

   According to Thomas Mun, which of the following was crucial to a country’s economic health?

   A.

   Low taxes

   B.

   A positive balance of trade

   C.

   A vibrant middle class

   D.

   Diverse industries

   According to Thomas Mun, which of the following was crucial to a country’s economic health?

2. Document Link

   What analogy did Mun use to support his argument?

   A.

   The expenditures of a private manufacturer

   B.

   Government spending on foreign wars

   C.

   The spending patterns of a private estate owner

   D.

   The investments of a private financier in native industries.

   What analogy did Mun use to support his argument?