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It's OK early game if you have enough cities, since a free specialist in each city can be quite a bonus (especially if you have Representation). However, after the discover of Astronomy, foreign trade routes become essential (provided you have enough coastal cities). Free Market or State Property will be much more effective at this point.
...unless you're not talking about the video game Civilization 4, in which case, man, I don't know.
What else can I help you with?
When to use Mercantilism theory?
A clinical definition of mercantilism would be, with a lot of truth to it, that it is the system that every country denounces and that every country practices. The most effective (and easiest to get away with) form of trade mercantilism is now used by the PRC, and it is based on manipulating the foreign exchange rate.
What relationship does balance of trade and mercantilism have?
Mercantilism restricts trade to only trading with the mother country.
What is mercantilism main goal?
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
What country use the mercantilism?
Europe, America, and Asia.
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
When to use Mercantilism theory?
A clinical definition of mercantilism would be, with a lot of truth to it, that it is the system that every country denounces and that every country practices. The most effective (and easiest to get away with) form of trade mercantilism is now used by the PRC, and it is based on manipulating the foreign exchange rate.
When to use theory?
A clinical definition of mercantilism would be, with a lot of truth to it, that it is the system that every country denounces and that every country practices. The most effective (and easiest to get away with) form of trade mercantilism is now used by the PRC, and it is based on manipulating the foreign exchange rate.
What relationship does balance of trade and mercantilism have?
Mercantilism restricts trade to only trading with the mother country.
The belief that colonies exist to benefit the economy of the mother country is known as?
Mercantilism. Held in the early days of settelment of the americas.
Which is the powerfull country in the world?
the powerful country is all. It depends on how they are brave or how much there strategy is good.but i know the powerful religion is Islam because Allah is real but the other god's is with him who do trust him and who is going to die in the way of Allah .
What is colonialism and mercantilism?
It refers to a country that attack on other weak country
What is mercantilism main goal?
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
What country use the mercantilism?
Europe, America, and Asia.
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
How did navigation support the system of 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).
How was the system of mercantilism enforced by England?
The system of mercantilism was properly enforced by England. This can be attributed to the structures that have been put in place in the country.
According to mercantilism principles what were the two ways a nation could increase their wealth?
The object of mercantilism was to increase the wealth of the Mother Country.
