emilygbenitez emilygbenitez

09-02-2018
History

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Economic theory stating that there is a fixed amount of wealth; therefore to receive a lancer share, one country must take wealth from another

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hisroyal1 hisroyal1

09-02-2018

Answer - Mercantilism

Mercantilism is an economic theory which holds the belief that the world contained a fixed amount of wealth. It posits that in order to increase its own wealth, one country had to take wealth from another country.

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