The nation of tazia exports agricultural products and in turn imports products that it does not produce such as computers and electronic devices. as a result, it spends more on imports than it gains from exports. which perspective would frown on this form of international trade?
a. new trade theory
b. product life-cycle theory
c. mercantilism
d. heckscher-ohlin theory
e. theory of national competitive advantage

mercantilism

Explanation:

It advocates trade policies that protect domestic industries.it helps to reduce trade deficit and create surplus.

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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