Social Sciences, asked by sid4057, 6 hours ago

describe mercantilism. what is it based on?

Answers

Answered by itztaesprincessliza
5

Answer:

Mercantilism is based on the principle that the world's wealth was static, and consequently, many European nations attempted to accumulate the largest possible share of that wealth by maximizing their exports and by limiting their imports via tariffs.

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