Exports for Precious Metals: Mercantilism in the Early Modern World

Mercantilism was a political movement and an economic theory, dominant in Europe between 1600 and 1800. Introduction Mercantilism is an economic system that dominated the major European trading nations during the sixteenth, seventeenth, and eighteenth centuries. This “mercantile system” was based on the premise that national wealth and power were best served by increasing exports[…]