Question

what is the theory of mercantilism. what did the gov of European nations do to encourage exports and favorable trade balances

Answer 1

Mercantilism is the idea that the wealth of a nation bets on the amount of gold or silver it has. Governments improved trade by improving transportation and placing high tariffs on foreign goods.

Step-by-step explanation:

Answer 2

Mercantilism is the idea that the wealth of a nation bets on the amount of gold or silver it has. Governments improved trade by improving transportation and placing high tariffs on foreign goods.