mercantilism in Chinese
mercantilism in Chinese is 重商主义 — mercantilism means 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.
mercantilism in Chinese
重商主义
Pronounced: zhòng shāng zhǔ yì
(historical, economics) 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.
What does "mercantilism" mean?
- noun 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.
- noun 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.
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What is "mercantilism" in Chinese?
"mercantilism" in Chinese is 重商主义. mercantilism means: 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.
How do you pronounce 重商主义?
"mercantilism" in Chinese is 重商主义, pronounced "zhòng shāng zhǔ yì".
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