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AP European History
Unit 3 – Absolutism and Constitutionalism
Topic 3.4
Why did nations practicing mercantilism favor a favorable balance of trade?
It increased national gold reserves leading to stronger economies
It ensured access to the best quality goods for domestic consumers
It allowed them to bypass tariffs imposed by rival nations
It provided an opportunity for cultural exchanges with other countries
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AP European History - 3.4 Economic Development and Mercantilism
Key terms
Mercantilism
Balance of Trade
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About Fiveable
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Resources
Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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