Answer:
The economic model of mercantilism was that the colonies were forced to trade only with the " mother" country. ... England could control the cost and assign a value to the raw materials from the colonies much less than the value of the goods on a global open market.
Explanation:
The economic model of mercantilism was that the colonies were forced to trade only with the " mother" country. ... England could control the cost and assign a value to the raw materials from the colonies much less than the value of the goods on a global open market.
