How is it that exporting more than one import leads to amassing more bullion in the treasury?

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Rebekah Huffman

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26 April, 23:48

How is it that exporting more than one import leads to amassing more bullion in the treasury?

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Daugherty · Answer 1

It is the Mercantilist theory, which states that a country’s power is directly proportional to the amount of gold and silver that can be amassed in its treasury.