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mercantilism in Irish

mercantilism in Irish is marsantachas — 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 Irish

marsantachas
noun
(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?

  1. 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.
  2. 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 Irish?

"mercantilism" in Irish is marsantachas. 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.

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Translations from WikDict, CC BY-SA · example sentences from Tatoeba, CC BY 2.0 FR.