Question

Making profit by trading with other countries.
(a) Confederacy
(b) Annexation
(c) Mercantalisim​

Answer 1

Answer:

Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. 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. 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.

Under mercantilism, nations frequently engaged their military might to ensure local markets and supply sources were protected, to support the idea that a nation's economic health heavily relied on its supply of capital.

Explanation:

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