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OLga [1]
3 years ago
6

Can someone explain mercantilism to me ?

Social Studies
1 answer:
Lunna [17]3 years ago
4 0

Answer:

Mercantilism is a policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, tariffs and subsidies on traded goods to achieve that goal. These policies aim to reduce a possible current account deficit or reach a current account surplus.

Explanation:

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