What argument did mercantilists make as to why cotton fabrics should be stopped?

Answer 1

Mercantilists argued that the production of cotton fabrics should be curtailed because it could undermine domestic industries and weaken the economy. They believed that prioritizing the production of raw materials, like cotton, over finished goods would lead to a trade imbalance, where the nation would import more than it exported. This focus on raw materials could hinder local craftsmanship and reduce employment in textile manufacturing, ultimately threatening national wealth and security. Thus, they advocated for policies that would protect and promote local industries instead.