Question

A nation practicing mercantilism aims to

Answer 1

Answer:

B) establish an excess of exports over imports.

Explanation:

Mercantilism asserts that countries should simultaneously encourage exports and discourage imports. Therefore, it is in a country's best interest to maintain a trade surplus, i.e. have more exports than imports. Mercantilism believes that governments should intervene the markets in order to achieve a trade surplus.

Mercantilism tries to take advantage of other countries, and it always easier to take advantage on poorer or developing countries, rather than richer developed countries.