Social Sciences, asked by priya2296, 9 months ago

what is mercantilism​

Answers

Answered by Anonymous
22

Answer:

the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

Answered by habibqureshii
14

Answer:

Mercantilism is a national economic policy that is designed to maximize the exports, and minimize the imports, of a nation. These policies aim to reduce a possible current account deficit or reach a current account surplus.

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