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12 January, 08:56

What was a nations wealth measured by under mercantilism

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  1. 12 January, 09:22
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    Mercantilism is an economic system that dominated the major European trading nations during the sixteenth, seventeenth, and eighteenth centuries. This "mercantile system" was based on the premise that national wealth and power were best served by increasing exports and collecting precious metals in return
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