Which of these statements would be supported by a country practicing mercantilism? Select all that apply.

b.)A country should export more goods than it imports.

c.)A country should try to gain as much gold and silver as possible.

e.)Countries need colonies to supply raw materials for industry.

Explanation:

These are options for the question

a.Colonies should manufacture goods to send back to the mother country.

b.A country should export more goods than it imports.

c.A country should try to gain as much gold and silver as possible.

d.Colonists should be free to trade with any merchant who can give them the best price.

e.Countries need colonies to supply raw materials for industry.

Mercantilism can be regarded as an economic policy which was put in place for maximization of export as well as minimization of import for a particular economy. This economic system of trade has been in existence as far as 16th century.

Some of those things that are been attributed to country practicing mercantilism are;

✓A country should export more goods than it imports.

✓A country should try to gain as much gold and silver as possible.

✓Countries need colonies to supply raw materials for industry.

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