The mercantilist policy was created by England in the 17th century around the mid 1650s, in which basically they imported raw materials from the colonies to process it and transform into manufactured products to be later sold to other countries, creating a new way of trading.
The correct answer is spain
Economics is the branch of knowledge concerned with the production, consumption, and transfer of wealth. you learn about money and how it effects the world and environment around us
The Republic of Venice was a major financial and maritime power during the Middle Ages and Renaissance, and a staging area for the Crusades and the Battle of Lepanto, as well as a very important centre of commerce (especially silk, grain, and spice) and art in the 13th century up to the end of the 17th century.
