Question

National wealth was measured by the amount of treasure in the royal vaults. The total wealth of the world was limited. To become richer and more powerful, a nation had to make some other nation poorer through capture of its trade and colonies. This was

A. Hanseatic League
B. Pax Romana
C. Mercantile Theory
D. Mare Nostrom

Answer 1

C. Mercantile Theory

Step-by-step explanation:

Mercantile theory is based on economic policy to reduce the current account deficit and reach current account surplus. It aims to increase exports while decreasing imports to minimum.