What is Mercantilism? Why is it appealing?
How should the medical director at Happy Valley try to convince patients now being referred to the dialysis unit thirty minutes to the south to switch their care to Happy Valley Hospital?
August 5, 2017What is the value of a $1,000 par value bond with annual payments of an 10% coupon with a maturity of 10 years and a 15% required return?
August 5, 2017Both Bates (58-62) and Bruce Moon in ch. 6 of Snarr and Snarr introduce the concept of mercantilism. Some have argued Donald Trump is bringing mercantilism back (for example, hereplease read this article). What is Mercantilism? Why is it appealing? Who stands to benefit from mercantilism, and who stands to lose from it? Why do supporters of globalization tend to oppose it so strongly?
