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  • 15-11-2021
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What best defines mercantilism?Which of the following two statements does not describe mercantilism?

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  • 15-11-2021

Mercantilism. What best defines mercantilism? An economic theory that benefited America by trade with England. The practice of trading goods for goods when gold and silver was not available. A country's power was measured by the amount of gold and silver it owned.

Does not

-Mercantilism benefited the colonies.

-Colonies could buy goods from other countries besides the mother country.

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