31Jan

Four points of mercantilism

rose105 History 1 0

Four points of mercantilism

Posted by rose105 | Posted at Jan 31, 2020 | Categories: History

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super878
super878

Hi;) ! The mercantilist theory had as its purpose the protection of the internal market. For this purpose had been introduced various riorme as high tariffs, Especially on manufactured goods. Other policies have included:      - Forbidding colonies to trade with other nations;      - Building a network of overseas colonies;      - Monopolizing markets with staple ports;      - Banning the export of gold and silver, even for payments;      - Forbidding trade to be the carried in foreign ships;      - Export subsidies;      - Promoting manufacturing with research or direct subsidies;      - Limiting wages;      - Maximizing the use of domestic resources;      - Restricting domestic consumption with non-tariff barriers to trade.

Jan 31, 2020 11:54

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