Question

Which of the following is a characteristic of the economic theory of mercantilism

Answer 1

Exports should be encouraged over imports

Step-by-step explanation:

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Answer 2

The characteristic of the economic theory of mercantilism is that, exports should be encouraged over imports. The economic theory of mercantilism's main aim is to establish a powerful and wealthy state. Mercantile system is a kind of economic system that seeks to enrich a country be prioritizing and encouraging exports over imports.