The trade theory that nations should accumulate financial wealth, usually in the form of gold, by encouraging imports and discouraging exports is called mercantilism.

Name: The trade theory that nations should accumulate financial wealth, usually in the form of gold, by encouraging imports and discouraging exports is called mercantilism.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Mercantilism is the trade theory that nations should accumulate financial wealth by encouraging exports and discouraging imports, not the other way around.

The Trade Theory That Nations Should Accumulate Financial Wealth, Usually