Economy, asked by wwwmominkhatun, 6 months ago

state one basic tenet of mercentilism?​

Answers

Answered by vikrantchakkarwar
1

Explanation:

mercantilism included (1) the belief that the amount of wealth in the world was relatively static; (2) the belief that a country's wealth could best be judged by the amount of precious metals or bullion it possessed; (3) the need to encourage exports over imports as a means for obtaining a

Answered by amitesh66
5

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The underlying principles of mercantilism included (1) the belief that the amount of wealth in the world was relatively static; (2) the belief that a country's wealth could best be judged by the amount of precious metals or bullion it possessed

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