Mercantilism, propagated in the sixteenth and seventeenth centuries, a

QUESTION

Mercantilism, propagated in the sixteenth and seventeenth centuries, advocated that countries should simultaneously encourage both imports and exports.

Indicate whether the statement is true or false.

ANSWER

FALSE
Propagated in the sixteenth and seventeenth centuries, mercantilism advocated that countries should simultaneously encourage exports and discourage imports.