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Which approach did mercantilists encourage European rulers to take toward natural resources in the American colonies?

2 Answers

5 votes

Exploit them fully to achieve maximum profit for the parent country.

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User Inky
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Mercantilists encourage rulers to export finished goods to the American Colonies but to buy from them the much cheaper raw materials, thus provoking a favourable difference in monetary value.

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User Tunds
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