answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Is mercantilist school of thought relevant today?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

To what extent do nations today practice mercantilism?

Having tasted economic independence for too long a period,the American colonist had no desire to return to the mercantilist policies endured by the colonies of the other European nations.


How can mercantilism help to create wealth with the European nations?

Mercantilism is a very protectionist form of economic policy. This means that a government using a mercantilist policy will aim at a positive trade balance: selling more to other countries then they sell to you. Resulting in making more money on your own sales than paying for other countries' products. A mercantilist govenment will often use (covert) export subsidies to make its country's products more attractive, keeping the cost of products down by low wages and keeping the value of its currency low. An example: China is today often accused of mercantilist policies to boost its trade balance.


Which management theory use today most in industry?

'Chicago School of Business' seems to be the most widely accepted and practiced mgt. philosophy in use today.


What colleges or institutes offer economics majors?

Bentley offers an economics major. It's top-ranking Business school, one of the few which also offers courses in the arts and science faculty. You have a phenomenal choice and combination of subjects to choose from. The faculty-student ratio is 1:12. It's a great place if you want an education that helps you to be prepared to meet the global challenges facing today's world and be relevant in your field.


What did the dutch have to do with mercantilism?

The Dutch had dealings with mercantilism in two ways: they clashed with the British over their mercantilist policies, with the result of four Dutch-Anglo wars over the subject in the 17th and 18th century. The other way was in their treatment of their East India colonies (today's Indonesia) in the 19th century. Production of foodstuffs and goods there was then made totally subject to Dutch needs and interests, and these goods could only be sold to Duth buyers. Holland then had the exclusive right to sell those goods at real market value worldwide.

Related questions

What parables of Jesus are not relevant today?

None, they are all relevant today.


Was the cell theory only relevant in 1800s?

no, it is relevant even today


Is untouchable relevant today?

yes it is.


Is class still relevant today?

No


Is science still relevant today?

Science is tremendously relevant today, probably more relevant than it has ever been. The world runs on technology, which can only be understood by means of science.


Is today's education relevant to students needs?

yes today's education is relevant as today ther is so much of study today so it's sufficient for us we can't syudy more then that


Is the study of the Salem Witch Trails relevant today why or why not?

The history of humanity is always relevant.


Is the war still relevant today?

Of course it's relevant. There are wars happening as we speak.


Is the telegraph still relevant today?

yes


Are miracles relevant today?

Yes there are still relevant. He promised if we believe in him greater things awaits us.


Are poems relevant in today's world?

Yes, of course it depends on who wrote it and who is reading it!Poems are great for:Learning things about history, love, politics, philosophy, culture, and psycology.Enjoying.Spreading a message.Expressing feelings.Abstract thought.


Why are greek myths still relevant today?

Coz it is