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- Mercantilism abstract "Mercantilism is an economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of political absolutism. It includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. Mercantilism dominated Western European economic policy and discourse from the 16th to late-18th centuries. Mercantilism was a cause of frequent European wars and also motivated colonial expansion. Mercantilist theory varied in sophistication from one writer to another and evolved over time. High tariffs, especially on manufactured goods, are an almost universal feature of mercantilist policy. Other policies have included: Building a network of overseas colonies; Forbidding colonies to trade with other nations; Monopolizing markets with staple ports; Banning the export of gold and silver, even for payments; Forbidding trade to be carried in foreign ships; Export subsidies; Promoting manufacturing with research or direct subsidies; Limiting wages; Maximizing the use of domestic resources; Restricting domestic consumption with non-tariff barriers to trade.Mercantilism in its simplest form was bullionism, but mercantilist writers emphasized the circulation of money and rejected hoarding. Their emphasis on monetary metals accords with current ideas regarding the money supply, such as the stimulative effect of a growing money supply. Specie concerns have since been rendered moot by fiat money and floating exchange rates. In time, the heavy emphasis on money was supplanted by industrial policy, accompanied by a shift in focus from the capacity to carry on wars to promoting general prosperity. Mature neomercantilist theory recommends selective high tariffs for "infant" industries or to promote the mutual growth of countries through national industrial specialization[citation needed].The term "mercantilism" was coined by its foremost critic Adam Smith. While many nations practised it, one leading exemplar was France, the economically most important state, where King Louis XIV followed the guidance of Jean Baptiste Colbert, his controller general of finances (1662-83). They were determined that the state should rule in the economic realm as it did in the diplomatic, and that the interests of the state as identified by the king were superior to those of merchants and everyone else. The goal of economic policies was to build up the state, especially in an age of incessant warfare, and the state should look for ways to strengthen the economy and weaken foreign adversaries.".
- Mercantilism thumbnail Lorrain.seaport.jpg?width=300.
- Mercantilism wikiPageExternalLink books?id=yxNgXs3TkJYC.
- Mercantilism wikiPageExternalLink chapter23.html.
- Mercantilism wikiPageExternalLink 4304.
- Mercantilism wikiPageExternalLink issuetoc.
- Mercantilism wikiPageExternalLink mercantilism.
- Mercantilism wikiPageExternalLink treasure.txt.
- Mercantilism wikiPageExternalLink Mercantilism.html.
- Mercantilism wikiPageExternalLink smWN.html.
- Mercantilism wikiPageExternalLink 34952.
- Mercantilism wikiPageExternalLink mercantilism.html.
- Mercantilism wikiPageID "19708".
- Mercantilism wikiPageRevisionID "606369974".
- Mercantilism hasPhotoCollection Mercantilism.
- Mercantilism subject Category:Early_Modern_economics.
- Mercantilism subject Category:Economic_ideologies.
- Mercantilism subject Category:Economic_theories.
- Mercantilism subject Category:Globalization-related_theories.
- Mercantilism subject Category:History_of_international_trade.
- Mercantilism subject Category:Preclassical_economics.
- Mercantilism subject Category:Protectionism.
- Mercantilism comment "Mercantilism is an economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of political absolutism. It includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods.".
- Mercantilism label "Mercantilism".
- Mercantilism label "Mercantilisme".
- Mercantilism label "Mercantilisme".
- Mercantilism label "Mercantilismo".
- Mercantilism label "Mercantilismo".
- Mercantilism label "Mercantilismo".
- Mercantilism label "Merkantilismus".
- Mercantilism label "Merkantylizm".
- Mercantilism label "Меркантилизм".
- Mercantilism label "إتجارية".
- Mercantilism label "重商主义".
- Mercantilism label "重商主義".
- Mercantilism sameAs Merkantilismus.
- Mercantilism sameAs Merkantilismus.
- Mercantilism sameAs Εμποροκρατία.
- Mercantilism sameAs Mercantilismo.
- Mercantilism sameAs Merkantilismo.
- Mercantilism sameAs Mercantilisme.
- Mercantilism sameAs Merkantilisme.
- Mercantilism sameAs Mercantilismo.
- Mercantilism sameAs 重商主義.
- Mercantilism sameAs 중상주의.
- Mercantilism sameAs Mercantilisme.
- Mercantilism sameAs Merkantylizm.
- Mercantilism sameAs Mercantilismo.
- Mercantilism sameAs m.04zmz.
- Mercantilism sameAs Q162527.
- Mercantilism sameAs Q162527.
- Mercantilism wasDerivedFrom Mercantilism?oldid=606369974.
- Mercantilism depiction Lorrain.seaport.jpg.
- Mercantilism isPrimaryTopicOf Mercantilism.