Question

discuss theory of mercantilism​

Answer 1

Answer:

Mercantilism is an economic theory that advocates government regulation of international trade to generate wealth and strengthen national power. Merchants and the government work together to reduce the trade deficit and create a surplus. ... 1 It advocates trade policies that protect domestic industries.

Explanation:

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Answer 2

Answer:

Mercantilism is an economic theory that advocates government regulation of international trade to generate wealth and strengthen national power. Merchants and the government work together to reduce the trade deficit and create a surplus. ... 1 It advocates trade policies that protect domestic industries.

Explanation:

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