Question

what are the important mercantalist laws?

history 1st chapter 10th class​

Answer 1

Answer:

Banning the export of gold and silver, even for payments. Forbidding trade to be carried in foreign ships, as per, for example, the Navigation Acts. Subsidies on exports. Promoting manufacturing and industry through research or direct subsidies.

Answer 2

Explanation:

Mercantalist , economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of political absolutism.