Mercantilism takes place when a

History

1 answer:

Norma-Jean [14]3 years ago

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Answer:

Mercantilism is an economic philosophy built around exports and trade. A mercantilist economy tries to increase its wealth by maximizing exports and minimizing imports. To increase their wealth and power mercantile nations rely on tariffs, trade leverage and military power to maximize their trade balance.

Explanation:

hope it helps I took the test

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