Mercantilism
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Mercantilism is an economic theory that holds the prosperity of a nation is dependent upon its supply of capital, and that the global volume of international trade is "unchangeable." Economic assets or capital, are represented by bullion (gold, silver, and trade value) held by the state, which is best increased through a positive balance of trade with other nations (exports minus imports) and assumes wealth and monetary assets are identical. Mercantilism suggests that the ruling government should advance these goals by playing a protectionist role in the economy; by encouraging exports and discouraging imports, notably through the use of tariffs and subsidies.
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GarantieWeitere Informationen
- Allgemeine Informationen
- GTIN 09786130615659
- Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
- EAN 9786130615659
- Format Fachbuch
- Titel Mercantilism
- Herausgeber Alphascript Publishing
- Anzahl Seiten 140
- Genre Wirtschaft
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