Question

4. The British practiced mercantilism with their American colonies. What

statement best defines mercantilism? *
The mother country seeks to acquire more gold and silver and to control trade by
exporting more goods than it imports.
The mother country seeks to increase its wealth and to control trade by importing
more goods than it exports.
The mother country seeks to increase the wealth of all countries by allowing free
trade
O
The mother country seeks to increase the wealth of their colonies by providing them
with all the resources they need

Answer 1

The mother country seeks to acquire more gold and silver and to control trade by exporting more goods than it imports.

Step-by-step explanation:

A country's power was measured by the amount of gold and silver it owned. Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy.