Yes it is ?!??!???!??!???!
Yes it is absolutely true that Mercantilism stressed the importance of colonies as sources of raw materials and markets for manufactured goods made in the mother country. This was a theory that was favored by the Europeans during the 17th and the 18th centuries. The existence of the colonies also depended on the acceptance of this theory during that time.<span />
The precedent set by President George Washington during his first term in office was B. appointing a cabinet. The first sitting president to visit a foreign country was Woodrow Wilson who visited Europe after World War I to promote his League of Nations. President Washington actually avoided emphasizing a military aspect of the presidency while in office, preferring to be called Mister President rather than anything more formal. Additionally, Washington did not set a precedent of serving for life, but rather he set the precedent of serving only two terms, a practice that would remain until FDR was elected four times.
