Published on: 2025-05-12 03:40:25
Economic policy emphasizing exports Seaport at sunset, a painting by Claude Lorrain, completed in 1639 at the height of mercantilism Mercantilism is a nationalist economic policy that is designed to maximize the exports and minimize the imports of an economy. In other words, it seeks to maximize the accumulation of resources within the country and use those resources for one-sided trade. The concept aims to reduce a possible current account deficit or reach a current account surplus, and it i
Keywords: economic mercantilism mercantilist policies trade
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