jyshawn jyshawn

21-11-2019
Social Studies

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What is the definition of the word mercantilism

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AnonymousPerson14 AnonymousPerson14

21-11-2019

Answer:

The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

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zionariaelina zionariaelina

21-11-2019

Answer:

Belief in the benefits of profitable trading.

The historical meaning is

The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

Answer Link

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