What can a nation do to solve the problem of maximizing exports and minimizing imports under mercantilism without benefiting the

Question

IRINA_888 [86]

3 years ago

15

What can a nation do to solve the problem of maximizing exports and minimizing imports under mercantilism without benefiting the

ir rivals? Give your best idea.

History

1 answer:

grandymaker [24] · Answer 1 · 2022-05-21T22:06:17+03:00

Answer:

They accomplished this by purchasing short of what they sold and holding a lot of their wealth

Explanation:

The hypothesis of mercantilism holds that nations ought to support send out and debilitate import. It expresses that a nation's riches relies upon the parity of fare short import. ... The hypothesis of mercantilism trusted in childish exchange that is a single direction exchange and disregarded upgrading the world exchange.

European countries needed to amplify their fares and limit their imports under a trade framework. In this way, European countries looked to increment, not spend, their possessions of gold and silver. They accomplished this by purchasing short of what they sold and holding a lot of their wealth.