History, 12.07.2019 22:30 ilovemilk1981

According to the theory of- which became popular among european nations in the 15th and 16th centuries, a nation could increase its wealth and power in two ways: by obtaining as much gold and silver as possible, and by establishing a favorable balance of trade, in which it sold more goods than it bought.

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According to the theory of- which became popular among european nations in the 15th and 16th centuri...