Considered to be the first theory of international trade, ______________ principal assertion was that gold and silver were the mainstays of national wealth and essential to vigorous commerce.

Question

Quizplus · Accepted Answer

Mercantilism is the theory that was primarily concerned with the accumulation of gold and silver as a measure of national wealth, advocating for a positive balance of trade to achieve this goal.

Considered to Be the First Theory of International Trade, ______________