Q:
      
      
         
            
Mercantilism was the principle that
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: D) All of the above         
         
Explanation: Mercantilism was the principle that wealth of a nation comes from trading with other nations and also comes by imposing government regulations on all of the nation's economic interests.
 
The main principles of mercantilism:
• the country's wealth is determined by the amount of precious metals in the country,
• Wealth is created in business relations (International Trade)
• The goal is an active trade balance of trade,
• to serve protectionism, government subsidies and the issue of protective tariffs.
       
      
      
      
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