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mercantilism
(redirected from mercantilists)

   Also found in: Dictionary/thesaurus, Encyclopedia 0.01 sec.
See: commerce


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Mercantilists believed in an active economic role for the state u to promote exports, discourage finished imports, and establish trade monopolies that would enrich business and the crown alike.
Mercantilists believed in an active economic role for the state -- to promote exports, discourage finished imports, and establish trade monopolies that would enrich business and the crown alike.
The capacity for countries to apply anti-dumping and countervailing duties to injurious imports owes nothing to Ricardo and everything to the mercantilists.
 
 
 
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