Question

Which of these statements would be supported by a country practicing mercantilism? Select all that apply.
a.Colonies should manufacture goods to send back to the mother country.
b.A country should export more goods than it imports.
c.A country should try to gain as much gold and silver as possible.
d.Colonists should be free to trade with any merchant who can give them the best price.
e.Countries need colonies to supply raw materials for industry.The answer is BCAND E

Answer 1

Mercantilism was an economic system during the 16th and 18th century for trading-related policies for a nation. The main aim of the policy was to promote monarchy, increase tariffs on imports, and subsidies on traded goods.

Mercantilism favored exports of goods and wanted to reduce the import of goods from other nations. They were of the belief that wealth determination for a nation depends on its gold and silver reserves.

Therefore, Option a, b, and e are correct. They wanted to export raw materials to other nations for increasing the gold and silver of the country. Thus, this wealth further helps in creating goods for exporting.

Learn more about Mercantilism here:

https://brainly.com/question/11669339

Answer 2

Answer:

Which of these statements would be supported by a country practicing mercantilism? Select all that apply.

Colonies should manufacture goods to send back to the mother country.

A country should export more goods than it imports.

A country should try to gain as much gold and silver as possible.

Colonists should be free to trade with any merchant who can give them the best price.

Countries need colonies to supply raw materials for industry.

Explanation: B C and E Edge 2021