mercantilism background

mercantilism

/mɜːrkəntaˌlɪzəm/ /mɜːrkənˌtiːlɪzəm/

Illustration mercantilism - Image 1

noun

Меркантилизм

The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism.

Examples :

"The country's mercantilism led it to impose high taxes on imported goods, aiming to sell more to other countries than it bought from them. "

Меркантилизм страны привел к введению высоких налогов на импортные товары, стремясь продавать другим странам больше, чем покупать у них.

theory nation government economy business commerce finance state politics history doctrine

Illustration mercantilism - Image 1

noun

Меркантилизм

The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.

Examples :

"The country's mercantilism led it to heavily tax imports, hoping to amass gold and silver and believe that one country's economic gain required another's loss. "

Меркантилизм страны привел к тому, что она ввела высокие налоги на импорт, надеясь накопить золото и серебро, и полагая, что экономическая выгода одной страны требует потерь другой.

theory nation government economy business state history commerce finance politics