National wealth was measured by the amount of treasure in the royal vaults. The total wealth of the world was limited. To become

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3 years ago

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National wealth was measured by the amount of treasure in the royal vaults. The total wealth of the world was limited. To become

richer and more powerful, a nation had to make some other nation poorer through capture of its trade and colonies. This was
A. Hanseatic League
B. Pax Romana
C. Mercantile Theory
D. Mare Nostrom

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1 answer:

Tpy6a [65] · Answer 1 · 2022-01-30T18:57:58+03:00

Tpy6a [65]3 years ago

3 0

Answer:

C. Mercantile Theory

Explanation:

Mercantile theory is based on economic policy to reduce the current account deficit and reach current account surplus. It aims to increase exports while decreasing imports to minimum.