Answer:
Underlying this theory was the belief that wealth was finite.
Explanation:
Mercantilism was the theory of trade espoused by the major European powers from roughly 1500 to 1800.It advocated that a nation should export more than it imported and accumulate bullion to make up the difference.
Tastes and Preferences of the Consumers
Income of the People
Changes in Prices of the Related Goods
He came up with what is known as the New Jersey Plan. It benefited the
smaller states with the plan to have representation based equal as a
larger state.