To: Whispering Smith
Do you have a reference I could read on this subject? I thought merchantilism featured a vertically integrated mother country to and from colony trade structure. Not predatory monopolistic policies you are describing. That probably is the truest definition of mercantilist. The term today is often used to describe nations that follow predatory trade practices to help build their industry at the expense of a host country. Try googling for more details.
26 posted on
12/08/2004 6:59:20 PM PST by
WRhine
(When America ceases to make manufactured goods, what do we trade with the rest of the world?)
To: WRhine
I googled. This is what I got.
http://www.infoplease.com/ce6/bus/A0832738.html Looks like I was wrong. Merchantalist nations were apparently obsessed with the balance of trade. However, with captive colonies you could probably assure a positive balance of trade.
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