True or false According to mercantilism philosophy,nations increased their wealth and power by selling goods to increase their s

Question

olga_2 [115]

4 years ago

8

True or false According to mercantilism philosophy,nations increased their wealth and power by selling goods to increase their s

upply of gold and sliver

History

1 answer:

chubhunter [2.5K] · Answer 1 · 2022-02-23T03:28:45+03:00

chubhunter [2.5K]4 years ago

5 0

Answer:

True

Explanation:

Mercantilism was the economic philosophy that a nation's welath was finitely based on silver and gold and a nation could only increase their wealth by selling exports