Mercantilism
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8 Terms
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Favorable balance of trade
________- When a country is selling more goods than it buys.
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Colonies
________ provided raw materials that could not be found in the home country as wells as gold, and markets and goods to support trade.
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Mercantilism
________- a favorable balance of trade.
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vital goods
Wealth allowed nations to build strong navies and purchase ________.
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Mercantilism
a favorable balance of trade
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favorable balance of trade
When a country is selling more goods than it buys
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What role did colonies play in mercantilism?
provided markets and goods to support trade
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What was the goal of every nation?
Attain as much gold as possible