Social Sciences, asked by ravindrakumarsingh20, 1 year ago

what is mercantilism

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Answered by dannyrockz23pbyqvx

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 geniuss22

Answer

Mercantile a business enterprise that makes profit primarily through trade buying goods cheap and selling them at Higher prices

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