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mercantilismo — meaning in English

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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

mercantilismo 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

  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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