mercantilism
Significado (Inglés)
- (countable, historical, uncountable) The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism.
- (countable, uncountable) The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.
Conceptos
Sinónimos
mercantile system
commercial system
mercenary spirit
Traducciones
Etimología (Inglés)
From mercantile + -ism.
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