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Degger [83]
3 years ago
7

What statement best describes the theory of mercantilism

History
2 answers:
katrin2010 [14]3 years ago
5 0

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 (especially gold) to make up the difference. The exportation of finished goods was favored over extractive industries like farming.

tbh i looked it up but hope this helps


EleoNora [17]3 years ago
4 0

Export More Goods Than Are Imported

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