import more goods than are exported---nova net << that is utterly wrong!
Actually, the main idea was to export more goods than are imported.
(True) that is the theory of mercantilism.
import more goods than are exported---nova net
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
export more goods than are imported
MercantilismThe answer is Mercantilism
The main idea behind mercantilism is that you want more exports than imports (more money coming into your country than going out of your country).
The main idea behind mercantilism is that you want more exports than imports (more money coming into your country than going out of your country).
The main idea behind mercantilism is that you want more exports than imports (more money coming into your country than going out of your country).
The best theory that supports mercantilism is the "Balance of Trade" theory, which posits that a nation's wealth and power are best served by maximizing exports and minimizing imports. This theory emphasizes the importance of accumulating precious metals, such as gold and silver, through a favorable balance of trade. Mercantilism advocates for government intervention to protect domestic industries and promote exports, reinforcing the idea that national prosperity is achieved through a strong trade surplus.
Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.
Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.
Mercantilism