The part of mercantilism did bullionism that consisted of both the current account and capital account.
Bullionism is a term from the 15th century. It is when all value of currency is placed on the actual gold or silver.
Consist is a verb.
Mercantilism consists of high tariffs, a monopoly on trade, and low wages. The colonies were only allowed to trade with Great Britain and then they had to buy back the goods that they had originally sold to them except Great Britain had manufactured them into other items.
Go With that
Consist is a verb.
They hated the mercantilism
Go With that
2 parts
Harware & Software
nine.
mercantilism was eventually replaced by capitalism
Capitalism is an economic system. Mercantilism is trading.