"Mercantilistic" Pronounce,Meaning And Examples

"Mercantilistic" Meaning

"A mercantilistic approach to economic policy is one that emphasizes the accumulation of wealth and trade at the expense of other nations, often through policies that restrict imports and promote exports. In this view, a country's economic success is measured by its amassing of gold and silver, and its politicians strive to increase their nation's wealth by any means necessary.

"Mercantilistic" Examples

Usage Examples of Mercantilistic

The government's mercantilistic policies have led to a sharp increase in the country's trade deficit. ([Economics])
The company's mercantilistic approach to international trade has resulted in a significant imbalance in its global supply chain. ([Business])
In the 17th and 18th centuries, European powers pursued mercantilistic policies to accumulate wealth and power. ([History])
Critics argue that the bank's mercantilistic attitude towards interest rates has hindered entrepreneurship and economic growth. ([Finance])
By emphasizing exports and limiting imports, a mercantilistic economy can be vulnerable to external shocks if global demand decreases. ([Economics]