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  • 22-09-2020
  • Social Studies
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Describe the underlying philosophy behind mercantilism.

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0Allie05
0Allie05 0Allie05
  • 22-09-2020

Answer:

Underlying this theory was the belief that wealth was finite.

Explanation:

Mercantilism was the theory of trade espoused by the major European powers from roughly 1500 to 1800.It advocated that a nation should export more than it imported and accumulate bullion to make up the difference.

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