0
According to mercantilism, the metropole would require the colonies to engage in two general behaviors: (1) The colonies were locked into exclusive trade between themselves and metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their Natural Resources for less than they would be worth and by buying manufactures for much more money.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
What situations would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
Which aspect of british economic policy in 18th century colonial north American would best support the conclusion that great Britain was a mercantilist nations?
existence of restrictive trade regulations on the colonies
What actions would be favored by a government that supports a mercantilist economy?
Answer this question… A merchant uses resources found in his own country to make goods to sell in other countries.
If policy makers are worried about inflation what would be a correct fiscal policy change?
A fiscal policy solution to inflation would be to either increase taxes or decrease government spending.increase the tax rate
What would a laissezfaire policy regarding drugs involve?
no government regulation
What would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
Which action would be a change in the government's fiscal policy?
Which action would be a change in the government's fiscal policy
What situations would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
Which of the following situations would not be supported by a government practicing a mercantilist economic system?
(Apex) The country's navy uses imported wood and steel to build its ships.
Which aspect of british economic policy in 18th century colonial north American would best support the conclusion that great Britain was a mercantilist nations?
existence of restrictive trade regulations on the colonies
What actions would be favored by a government that supports a mercantilist economy?
Answer this question… A merchant uses resources found in his own country to make goods to sell in other countries.
If policy makers are worried about inflation what would be a correct fiscal policy change?
A fiscal policy solution to inflation would be to either increase taxes or decrease government spending.increase the tax rate
Why would California workers be against Japanese immigration?
It depends on employment and government policy for Japanese Immigration.
What would a laissezfaire policy regarding drugs involve?
no government regulation
What would a fertility policy look like in Brazil?
Don´t exist any policy about this and any Incentive for this by Government
If government drops one million dollars from the sky is it a monetary or fiscal policy?
Assuming the million dollars is money that was not already in circulation, this would be part of monetary policy. This is because it would be increasing the money supply. If, however, the money came from taxes and was a part of government spending, then it would be fiscal policy.
What is the laissez faire philosophy of government toward business?
Under this policy, the government would not become involved in the economy.
