zoelablackqueen
zoelablackqueen zoelablackqueen
  • 28-04-2020
  • Social Studies
contestada

Can someone explain mercantilism to me ?

Respuesta :

MikkalThomas14
MikkalThomas14 MikkalThomas14
  • 28-04-2020

Answer:

Mercantilism is a policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, tariffs and subsidies on traded goods to achieve that goal. These policies aim to reduce a possible current account deficit or reach a current account surplus.

Explanation:

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