History, asked by ashtonbo, 2 days ago

What is Mercantilism? write any three Mercantilist Laws.

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Answered by mukeshsharma4365

3

Answer:

Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, tariffs and subsidies on traded goods to achieve that goal. ... Mercantilist theory varies in sophistication from one writer to another and has evolved over time.

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