True or false As a result of mercantilism, new colonies were established in Africa, India, and the Far East.

True. Trade is one of the main reasons why colonies expanded throughout Africa, India, and the Far East. This industry made information dissemination easier for different countries all over the world. Due to merchants, profitable produce and other goods are being discovered in other lands. This is the reason why colonies increased in numbers throughout history. People were always in search of commodities or produce that is unique and can be easily traded.