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1 vote
Which policy is a country using when it regulates

its colonies’ imports and exports to produce a
favorable balance of trade?
(1) embargo (3) mercantilism
(2) outsourcing (4) transmigration

User Parfilko
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2 Answers

1 vote

Answer: answer is mercantilism

Explanation:mercantilism is an economic theory that parallels the political theory of absolutism just as laissez-faire parallels democracy/constitutionalism. Under mercantilism the government of a Nation plays a major role in constructing the trade that takes place within a nation and with foreign trades. This control is especially evident with the mother country's regulation of imports and exports involving the colonies

User Yotommy
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7 votes
When a country regulates its colonies’ imports and exports to produce a favorable balance of trade, then it is using "(1) embargoes", since this in theory promotes domestic production, among other things.
User Reker
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