Outrageously Funny Word Dictionary :: Mercantilistic

👉 Mercantilism is a theory or perspective in which states, as well as individuals and groups, place their economic interests above those of their citizens. This idea emphasizes the role of trade and commerce in shaping international relations, particularly in terms of power balance and the allocation of resources. In mercantilist thought, nations are seen as the primary actors responsible for maintaining a global competitive advantage through trade. They believe that by promoting and controlling trade, they can exert significant influence over other countries' economies

mercantilistic