breezychloe breezychloe
  • 25-09-2020
  • History
contestada

why was mercantilism important to the success and safety or rival nations?

Respuesta :

henry504770 henry504770
  • 30-09-2020

Answer:

Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism is based on the principle that the world's wealth was static, and consequently, many European nations attempted to accumulate the largest possible share of that wealth by maximizing their exports and by limiting their imports via tariffs.

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