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8 August, 04:15

What is the definition of the word mercantilism

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Answers (2)
  1. 8 August, 04:48
    0
    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.
  2. 8 August, 08:09
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    Belief in the benefits of profitable trading.

    The historical meaning is

    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.
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