basharghosheh
basharghosheh basharghosheh
  • 09-12-2019
  • History
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What is the theory of mercantilism? What did the governments in europe do to encourage exports and favorable trade balances?

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emetteer emetteer
  • 09-12-2019

Answer:

Explanation:Mercantilism is the idea that the wealth of a nation bets on the amount of gold or silver it has. Governments improved trade by improving transportation and placing high tariffs on foreign goods.

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