History, 16.10.2020 23:01 iBrain

T/F 1. Mercantilism is an economic policy in which a country must import more than it exports.
2. In order to make their mercantilist economy succeed, Britain needed to import raw materials from its colonies.
3. The American colonies were allowed to manufacture their own goods if they chose to.
4. The Navigation Acts were a series of laws that allowe the colonies to sell their raw materials wherever they wanted.
5. At first the colonists did not like the Navigation Acts, they came to appreciate them over time.

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T/F 1. Mercantilism is an economic policy in which a country must import more than it exports.