0
Why did the European nations wanted to maximize their exports and minimize their imports under a mercantile system.?
Wiki User
∙ 8y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What does Denmark export and to who?
Denmark mainly exports milk, bread and meat to other European countries
What role does Germany play in European economies?
Germany is one of the most successful economies in Europe. It contributes to the European economies by its services, exports, and imports.
What was the economic system in which European rulers tried to increase their country's wealth through trade and increasing exports?
mercantilism
What happens if the euro rises against the dollar?
If the Euro rises against the Dollar, this will affect the prices of imports and exports. The prices of European exports to the United States will rise and be less affordable for Americans. The prices of American exports to Europe will fall and become more affordable to Europeans.
Explain what happens if the euro rises against the dollar?
If the Euro rises against the Dollar, this will affect the prices of imports and exports. The prices of European exports to the United States will rise and be less affordable for Americans. The prices of American exports to Europe will fall and become more affordable to Europeans.
Which country exports the most cereals in eu?
The country that exports the most cereals in the European Union is France. Germany is another country in the European Union that exports a lot of cereals as well.
The main priorty of American foreign policy is to?
The main priority of American foreign policy was to maximize on the production of exports. This is based on the fact that the economy mainly depended on exports.
Which statements best support the theory of mercantilism?
A country must import more goods than it exports to maximize profits
What is mercantile policy?
Mercantile policy refers to government strategies and regulations implemented to promote and protect domestic industries and trade. It commonly involves measures such as tariffs, subsidies, import quotas, and currency devaluation. Mercantile policies are often aimed at increasing a country's exports, reducing imports, and accumulating wealth through trade surpluses.
Jamestown's exports of What made it more affordable to the European masses?
tobacco
What European country produces and exports the most food?
Germany
What does Denmark export and to who?
Denmark mainly exports milk, bread and meat to other European countries
What role does Germany play in European economies?
Germany is one of the most successful economies in Europe. It contributes to the European economies by its services, exports, and imports.
What was the economic system in which European rulers tried to increase their country's wealth through trade and increasing exports?
mercantilism
What happens if the euro rises against the dollar?
If the Euro rises against the Dollar, this will affect the prices of imports and exports. The prices of European exports to the United States will rise and be less affordable for Americans. The prices of American exports to Europe will fall and become more affordable to Europeans.
What principle did the navigation acts establish?
The Navigation Acts were an attempt to put the theory of Mercantilism into practice in the British colonies. The object of mercantilism was to minimize imports that cost the nation money, and maximize exports that made the nation money. Colonies were a means of reducing England's dependence on foreign nations. Each colony would provide a raw material to England and this would allow the nation to not have to purchase that product from another nation.
Explain what happens if the euro rises against the dollar?
If the Euro rises against the Dollar, this will affect the prices of imports and exports. The prices of European exports to the United States will rise and be less affordable for Americans. The prices of American exports to Europe will fall and become more affordable to Europeans.
