Merkantilismus — meaning in English
German → English · translate English → German instead
English meaning
- mercantilism 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.
Senses
Merkantilismus is used for these senses in English:
- mercantilism (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.
mercantilism — full definition
- 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.