Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Four points of mercantilism

Sagot :

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.