Which fact below is not true of the mercantile theory?

History

2 answers:

Natalija [7]3 years ago

6 0

Answer:

Option A.

Explanation:

Converted gold and silver to goods, is the right answer.

Mercantilism is a federal economic strategy that is intended to maximize the shipping, and reduce the imports, of a country. These strategies intend to overcome a potential current account deficit or relinquish a current account excess. Mercantilism incorporates a federal economic plan endeavored at accumulating financial reserves through a definite balance of trade, particularly of furnished goods.

This theory of mercantilism supported exploration, encouraged the establishment of colonies and made mother country self-sufficient, thus option A, will be the correct answer.

rjkz [21]3 years ago

3 0

It did not ENCOURAGE FOUNDING COLONIES

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