Question

What can a nation do to solve the problem of maximizing exports and minimizing imports under mercantilism without benefiting their rivals? Give your best idea.

Answer 1

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.