25sparksh 25sparksh
  • 13-10-2021
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Who is benefiting from mercantilism? How are they benefiting?

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Аноним Аноним
  • 13-10-2021

The Mother Country benefits from mercantilism. The Colonies serve the Mother Country by supplying raw materials to the Mother Country at a low price. The Mother Countries further controlled trade by only allowing their colony to trade with their mother country and laying tariffs on goods imported from other nations. According to mercantilism, a nation becomes wealthy by exporting more than it imports. Meanwhile, the Mother Country benefits from the resources and wealth.

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