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Mercantilism

Published on Nov 18, 2015

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PRESENTATION OUTLINE

MERCANTILISM

  • building a newt work of overseas colonies
  • Forbidding colonies to trade with other nations
  • Banning the export of gold and sliver even for payments
  • Limiting wages

BALANCE OF TRADE

  • The cost of production ,land,labor,capital takes of restrictions of trade
  • exchange rate movements
  • Prices of good manufactured at home

IMPORTS

  • Industrial and consumer goods
  • Intermediate goods and services
  • Looking for any product around the world to import and sell

EXPORTS

  • An export of good occurs when there in change ownership
  • Export of services consist of all services resident
  • Date on international trade goods

JASMIN