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mercantilism noun

  • (historical, economics) 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.
 mercantilismo

mercantile adjective

  /-ˌtil/ , /ˈmɜːkənˌtaɪl/ , /ˈmɝ.kənˌtaɪl/
  • (economics) Concerned with the exchange of goods for profit.
 mercantile
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