Question

Which of the following would be a correct definition of the system of mercantilism?

A. A nation's prosperity depended on the amount of wealth it controlled.
B. The amount of accessible wealth in the world is continually growing.
C. Mercantilism will not succeed when supported by a system of colonization.
D. The wealth of a nation is connected to the amount of bullion it uses in trade.

Answer 1

D. The wealth of a nation is connected to the amount of bullion it uses in trade.

Step-by-step explanation:

Mercantilism was a economic system of trade that traversed from the sixteenth century to the eighteenth century. Mercantilism bets on the rule that the world's riches was static, and therefore, numerous European countries endeavored to gather the biggest conceivable share of that wealth by maximizing their exports and by limiting their imports via tariffs.

Answer 2

The answer is most likely D. Mercantilism is primarily referenced in trade. The term for a person dealing in mercantilism is a merchant/trader.