English, economics, history: what is mercantilism?
Tutoring a number of subjects, the term mercantilism might arise. The tutor defines it.
mercantilism
economic policy that favours exports, discourages imports, and has the objective of amassing precious metals.
Source:
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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