English, economics, history: what is mercantilism?

Tutoring a number of subjects, the term mercantilism might arise. The tutor defines it.


economic policy that favours exports, discourages imports, and has the objective of amassing precious metals.


Barber, Katherine et al. Oxford Canadian Dictionary of Current English. Don Mills: Oxford University Press, 2005.


Jack of Oracle Tutoring by Jack and Diane, Campbell River, BC.

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