mercantilism in Lithuanian
mercantilism in Lithuanian is merkantilizmas — 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 Lithuanian
merkantilizmas
(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 Lithuanian?
"mercantilism" in Lithuanian is merkantilizmas. 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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