What are the most COMMON effects on mercantilism?
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What were the effects of mercantilism? Mercantilism contained many interlocking principles. Precious metals, such as gold and silver, were deemed indispensable to a nation’s wealth. If a nation did not possess mines or have access to them, precious metals should be obtained by trade.
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marcantilism was an economic system trade that spanned from the 16 century to 18 century.mercantilism was based on idea that a nation wealth and power were best served by increasing exports and so involved increasing trade.
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