On What Basis Of The Principles Theory Of Mercantilism Fits Into Inte

1.	On What Basis Of The Principles Theory Of Mercantilism Fits Into International Relations?
Answer» MERCANTILISTS thought that the amount of wealth in the WORLD would remain unchanged. They believed that a country's wealth just INCLUDES the amount of precious metal or billions it has. Encouraging exports over imports so as to get a favorable balance in foreign trade. A large population of a country would be the key to AUTONOMY and state power. They had a belief that the state should play a dominant role in ASSISTING and directing the national and international economies to these ends.

On What Basis Of The Principles Theory Of Mercantilism Fits Into International Relations?

Answer»

MERCANTILISTS thought that the amount of wealth in the WORLD would remain unchanged.
They believed that a country's wealth just INCLUDES the amount of precious metal or billions it has.
Encouraging exports over imports so as to get a favorable balance in foreign trade.
A large population of a country would be the key to AUTONOMY and state power.
They had a belief that the state should play a dominant role in ASSISTING and directing the national and international economies to these ends.