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Mercantilism is the theory that states a country has a favorable balance of trade when it exports more than it imports. This theory was prevalent during the time of colonization and the Revolutionary War. It emphasized accumulating wealth in the form of precious metals and promoting a positive trade balance through restrictions and regulations.

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Emilio Aguinaldo was a Filipino revolutionary leader and politician who played a key role in the Philippine Revolution against Spanish colonial rule. He became the first President of the Philippines and led the country in its fight for independence from both Spanish and American colonizers. Aguinaldo is considered a national hero in the Philippines for his contributions to the country's independence.


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The term first President best describes Emilio Aguinaldo. This man led the Philippines against the Spanish in the Revolution and went onto to become the country's first President.


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Emilio Aguinaldo (March 22, 1869 - February 6, 1964) was a Chinese Filipino general, politician, and independence leader. He played an instrumental role in Philippine independence during the Philippine Revolution against Spain and the Philippine-American War that resisted American occupation. He eventually pledged his allegiance to the US government.In the Philippines, Aguinaldo is considered to be the country's first and the youngest Philippine President.


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Related Questions

What is a favorable balance trade?

it is the relationship between a country's imports and exports ;)


What does it mean if a country maintains a favorable balance of trade?

A favorable balance of trade occurs when a country's exports exceed its imports, leading to a trade surplus. This situation can indicate a strong economy, as it suggests that the country is producing goods and services that are in demand internationally. A favorable balance can also contribute to increased national income, foreign exchange reserves, and investment opportunities. However, it's essential to consider the sustainability of such a balance and the overall economic context.


Favorable balance of trade?

Country exports more than their total imports per capita


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


What is the difference between a favorable and an unfavorable balance of trade?

noun the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. ----


If you were a king what could you do to make sure your country has a favorable balance of trade?

You need to answer this question since it asks you what you would do not us. We don’t do homework.


What was the response to colonization within your country were there any groups or famous individuals that aided or resisted colonization when and how did your country win its independence?

what was the response to colonization within indoensia


Which country was credited for the colonization of StPierre?

France


What African country avoided colonization?

Ethiopia


Which African country successfully avoided colonization-?

Ethiopia is the popular country for being only one of two African countries which successfully avoided colonization.


Why did countries want a favorable balance of trade?

People have different taste and preference. Society likes quality not quantity. Since, technology growth rapidly, needs that are unlimited grow rapidly as well. Every country need to accomplish the needs and desire of its own citizen. So, is on its best for country to have balance favourable trade.


What is it called when a country controls another country?

its called nationalism or, it could be colonization.