A fact is something that has happened or is true. It can be proven. An opinion is something that cannot be proved true or false. Below are
statements concerning the mercantile period. For each, please indicate
whether it is fact [F] or opinion [O] in the blank provided.
1. A nation should export more than it imports.
2. England passed the Navigation Acts to monopolize trade with the
colonists.
3. Under the system of mercantilism, a favorable balance of trade meant
exporting more than one imported.
4. Enumerated commodities were goods that the colonists could ship only
to England