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What are the advantages of mercantilism?
balance of trade
What was the goal of mercantilism?
creation of a favorable balance of trade
What is the relationship between balance of trade and mercantilism?
hi this is john here to answer this question for u um you can look it up in ur text book
What was one goal of mercantilism?
creation of a favorable balance of trade
Which was an aspect of mercantilism?
An interest in having a favorable trade balance
What are the advantages of mercantilism?
balance of trade
What was the goal of mercantilism?
creation of a favorable balance of trade
Which was a feauture of mercantilism?
seeking a favorable trade balance
What is the relationship between balance of trade and mercantilism?
hi this is john here to answer this question for u um you can look it up in ur text book
What was one goal of mercantilism?
creation of a favorable balance of trade
Which was an aspect of mercantilism?
An interest in having a favorable trade balance
What was the primary objective of mercantilism?
Was to enrich the nation by fostering a favorable balance of trade.
An aspect of mercantilism?
An interest in increasing exportsAn interest in having a favorable trade balance
How is mercantilism related to balance of trade?
Mercantilism is the economic theory that says that a healthy economy must have a balance between supply and demand. A country must have a good demand for goods, and then be able to fulfill that demand to be prosperous.
What is significance of mercantilism?
It was an economic syste which caused an increase in a country's treasury by creating a favorablr balance in trade.
According to the theory of mercantilism a country has a favorable balance of trade when?
the value of exports is greater than the value of imports
Import export balance of trade?
Import-export balance of trade as captured in the Balance of Trade, is an economic measure of the country's imports ad exports, and their relationship.
