7. New France’s economy was affected by the Mercantile Theory. What aspect of this theory is suggested by the following statements? - France closed down hat making centres in Montreal.
- Manufactured goods for New France came from France.
- Exports from the colony were transported on French ships.
a. The mother country built factories in order to reduce her foreign purchases.
b. To succeed economically, the mother country had to trade with as many
countries as possible.
c. The mother country exported mainly those products needed by other
countries.
d. The colony existed only for the enrichment of the mother country.