Which of the following statements accurately describes the economic policy of mercantilism?
a...
Which of the following statements accurately describes the economic policy of mercantilism?
a. it downplayed the role of government in stimulating economic growth.
b. it discouraged the establishment of overseas colonies.
c. it encouraged trade by abolishing laws that regulated trade.
d. it was based on a belief that a nationâs real wealth was measured in its gold and silver treasure.
Answers: 1
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