mercantilism

English

Etymology

mercantile + -ism

Noun

mercantilism (countable and uncountable, plural mercantilisms)

  1. (historical, economics) The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism.
  2. (economics) The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.

Derived terms

Translations

Romanian

Etymology

Borrowed from French mercantilisme. By surface analysis, mercantil + -ism.

Noun

mercantilism n (uncountable)

  1. mercantilism

Declension

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