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OpenStudy (anonymous):
I need help with this! I need to explain mercantilism with these words in the answer: spend, earn, country, money.
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OpenStudy (anonymous):
Mercantilism is about subsidizing exports, putting tariffs on imports and limiting the access any foreign country has to your markets. You want your citizens to spend all the money they earn on domestic goods and service rather then have them spend money on the goods of other countries. This ensures that the wealth within the country stays in the country.
OpenStudy (anonymous):
omg thank you! (:
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