Mercantilism and the Role of Gold and Silver

Trade surplus

Prestige and power

Goods

Gold and silver (correct)

By maintaining a trade surplus (correct)

By importing more goods

By accumulating foreign currency

By exporting fewer goods

To export fewer goods

To maintain a trade surplus (correct)

To import more goods

To accumulate foreign currency

<p>Foreign trade</p> Signup and view all the answers

<p>There would be an outflow of gold and silver</p> Signup and view all the answers