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

Question

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The principle assertion of mercantilism was that gold and silver were the mainstays of national wealth and essential to vigorous commerce.Gold and silver were the currency of trade between countries;a country could earn gold and silver by exporting goods and importing goods from other countries would result in an outflow of gold and silver to those countries.

Considered to Be the First Theory of International Trade,the Principal