The goal of mercantilism after the 1600s was primarily B: an advantageous balance of trade. Mercantilist policies aimed to increase a nation's wealth by ensuring that exports exceeded imports, thereby creating a favorable balance of trade. This was important for accumulating precious metals and promoting national economic strength. While options D (raw materials for the home countries) also played a significant role in mercantilist policies, the overarching goal was to achieve that advantageous balance of trade.
What was the goal of mercantilism after the 1600s?
Responses
A a negative balance of tradea negative balance of trade
B an advantageous balance of tradean advantageous balance of trade
C prosperity through balance of power prosperity through balance of power
D raw materials for the home countries
1 answer