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What is Mercantilism ​

Answers

Answered by shabarimuthu1986
0

Explanation:

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 ViratKohli008
0

Answer:

Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes tariffs and subsidies on traded goods to achieve that goal.

Explanation:

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