noun
mercantilism
Mercantilism (noun) means the idea that a country should always sell more abroad than it buys, run rather like a shop, usually backed by measures to protect home trade.
noun
1
The idea that a country should always sell more abroad than it buys, run rather like a shop, usually backed by measures to protect home trade.
2
The idea that a country's wealth depends on how much capital it holds, and that total world trade cannot grow.
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Frequently asked questions
What is the meaning of mercantilism?
"mercantilism" (noun) means the idea that a country should always sell more abroad than it buys, run rather like a shop, usually backed by measures to protect home trade.
What is another word for mercantilism?
Other words for "mercantilism" include commercialism, commerce.
What are the different meanings of mercantilism?
"mercantilism" has 2 main meanings: 1. The idea that a country should always sell more abroad than it buys, run rather like a shop, usually backed by measures to protect home trade; 2. The idea that a country's wealth depends on how much capital it holds, and that total world trade cannot grow.
