Question

define mercantilism?
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Answer 1

Answer:

Explanation:

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 2

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Explanation: MERCANTILISM

Ans- it is an economic policy that is designed to miximize the exports and minimize the imports for an economy. It promotes imperialism, tariffs and subsidies on traded goods to church that goal.

These policies aim to reduce a possible current account deficit or reach a current account surpluse

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