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    divyesh
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    Mercantilism is an economic theory where governments regulate trade to promote domestic industry, often at the expense of other countries. It is associated with policies that restrict imports, increase gold reserves, and protect domestic industries from foreign competition. The goal of mercantilism is for a country to maximize exports and minimize imports.

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    Mercantilism is an economic theory where governments regulate trade to promote domestic industry, often at the expense of other countries. It is associated with policies that restrict imports, increase gold reserves, and protect domestic industries from foreign competition. The goal of mercantilism is for a country to maximize exports and minimize imports.

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    11 views1 page

    CH 5

    Uploaded by

    divyesh
    Mercantilism is an economic theory where governments regulate trade to promote domestic industry, often at the expense of other countries. It is associated with policies that restrict imports, increase gold reserves, and protect domestic industries from foreign competition. The goal of mercantilism is for a country to maximize exports and minimize imports.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    Mercantilism

    Mercantilism is an economic theory where the goverment wants to regulate the


    economy and trade in order to promote domestic industry-often the expense of other
    countries.mercantilism is
    associated with policies which restrict imports,increase stock of gold and protect
    domestic industries.

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