Question

Which of the following is associated with the practice of mercantilism in the seventeenth and eighteenth centuries?

Answer 1

Mercantilism or commercialism in its easy form is bullionism that defines wealth by the precious metal owned in an economic theory, yet mercantilist writers have highlighted the movement of money and reject advertisement. Their prominence on economic metals concurrences with contemporary ideas related the money supply, such as the simulation effect of an increasing money supply. Permission money and fluctuating exchange rates have since extracted specie concerns unrelated. In time, the substantial prominence on money was replaced by industrial strategy, attended by a shift in focus from the measurements to carry on wars to encouraging general affluence. Established neomercantilist viewpoint commends particular high charges for "baby" businesses or the advancement of the mutual progress of countries through national trade specialism. 
The mercantilism in the French government became profoundly entangled in the economy to increase exports. Protectionist procedures were ratified that limited imports and favored exports. Businesses were systematized and planned into guilds and dominations, and production was controlled by the state through a succession of more than one thousand commands defining how different products should be formed and produced.they inspire industry, foreign artificer and craftspersons were a trade in. Colbert also drove to minimize inner blockades to trade, reducing inner charges and building a widespread system of canals and roads. 

In Great Britain, British commercialism meant that the government and the traders became allies with the goal of expanding private wealth and political power, to the elimination of other territories. The régime defended its merchants—and kept others out—through trade blockades, procedures, and subventions to local industries to take full advantage of exports from and lessen imports to the empire. The regime had to fight trafficking and smuggling, which became a favorite and favorable American practice in the 18th century to dodge the boundaries on a transaction with the French, Spanish, or Dutch.

Answer 2

Answer:

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Explanation: