CBSE Class 8 Answered
What is mercantilism
Asked by adityachamp2734 | 14 Aug, 2018, 08:22: PM
Expert Answer
Mercantilism is a national economic policy that is devised to maximise the trade of a nation. Historically, it aims at to maximising the accumulation of gold and silver (as well as crops). ... High tariffs, especially on manufactured goods, were an almost universal feature of mercantilist policy.
Answered by Social Science Expert | 16 Aug, 2018, 08:21: AM
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