Question

It was 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 through the possession of mines and precious metals. It was believed that trade balances must be “favorable,” meaning an excess of exports over imports. Colonial possessions should serve as markets for exports and as suppliers of raw materials to the mother country." What is the concept that is explained in the previous definition? (Answer is only one word: the concept. Don't include punctuation or articles like "the, a, an")

Answer 1

Respuesta:

no hablo ingles

Explicación: