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export more goods than are imported.

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8y ago

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Related Questions

What statement describes the theory of mercantilism?

The theory of mercantilism is described best as England giving economic favors. these favors were given to some companies and people but not others.


What best describes the theory of the mercantilism?

export more goods than are imported.


What statement best describes the concept of mercantilism?

Controlling trade is a key to increasing power.


What statement best supports the theory of mercantilism?

Colonies do not contribute to the economic success of Great Britain


Which term best describes the practice of creating wealth from colonies?

Mercantilism


What best describes the economic policy of mercantilism?

Colonies creating wealth for the mother country.


What term best describes a mathematical statement?

A conditional statement


What best support the theory of mercantilism?

Colonies do not contribute to the economic success of Great Britain


Which term best describes the practice of creating and maintaining wealth by carefully controlling trade?

Mercantilism


What statement best describes the effects of the initiative the referendum and the recall?

They allow citizens more influence over the laws and leaders of their state.


Best theory that supports mercantilism?

The best theory that supports mercantilism is the "Balance of Trade" theory, which posits that a nation's wealth and power are best served by maximizing exports and minimizing imports. This theory emphasizes the importance of accumulating precious metals, such as gold and silver, through a favorable balance of trade. Mercantilism advocates for government intervention to protect domestic industries and promote exports, reinforcing the idea that national prosperity is achieved through a strong trade surplus.


What term best describes a mathematical statement of if a then b?

A conditional statement.