1. what is mercantilism?
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☞Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade.....ツ
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the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances,which a government should encourage by means protectionism.
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