Answer: Power through wealth.
Explanation:
Mercantilism was a dominant economic system in Europe between the 16th and 18th century. It was founded on the premise that the total amount of wealth in the world was a static figure and so it would be beneficial to accumulate as much of that wealth as possible.
This led to nations like Britain imposing high tariffs on imported goods in a bid to reduce imports whilst at the same time coming up with strategies to increase imports. They also demanded that trades be conducted in precious metals such as gold and silver that way these precious metals would make the nation richer.
The main goal of this economic strategy was to gain power through wealth because it was assumed that the more wealthy a nation, the more powerful it could be as it would be able to raise larger navies and stronger armies.
I think it is D. take 15 credits each term
Answer:
More, had a comparative advantage, produce more
Explanation:
In the previous example, the United States and Brazil were efficient when they specialized. Brazil choose to specialize in the production of bananas because it in producing it. The United States and Brazil when they specialize.
Great Britain..? I think..
