Four points of mercantilism

Sagot :

Hi;) !
The mercantilist theory had as its purpose the protection of the internal market. For this purpose had been introduced various riorme as high tariffs, Especially on manufactured goods. Other policies have included:

     - Forbidding colonies to trade with other nations;
     - Building a network of overseas colonies;
     - Monopolizing markets with staple ports;
     - Banning the export of gold and silver, even for payments;
     - Forbidding trade to be the carried in foreign ships;
     - Export subsidies;
     - Promoting manufacturing with research or direct subsidies;
     - Limiting wages;
     - Maximizing the use of domestic resources;
     - Restricting domestic consumption with non-tariff barriers to trade.