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What is meant by merchantalism

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What is meant by merchantalism

    • Posted by Jashwanth Jashwanth 6 years, 2 months ago

    CBSE > Class 08 > Social Science
    • 2 answers

    Arshiya Abrar 6 years, 2 months ago

    A buisness enterprise th make profit primarily through trade, buying goods cheap and s them at higher prices

    0Thank You

    Yogita Ingle 6 years, 2 months ago

    The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

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