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mercantilism
noun
- the doctrine that arose in Europe with the decline of feudalism, that the economic interests of the nation could be strengthened by the government by protection of home industries, as through tariffs, by increased foreign trade, as through monopolies, and by a balance of exports over imports, with a consequent accumulation of bullion
- commercialism
Related Forms:
- mercantilist noun, adjective
- mercantilistic adjective
See mercantilism in American Heritage Dictionary 4
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