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Kali
Social Studies
18 March, 13:33
Can someone explain mercantilism to me?
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Gunner
18 March, 13:41
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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.
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