mercantilist

🇺🇸 /ˈmɜːrkəntɪlɪst/ 🇬🇧 /ˈmɜːkəntɪlɪst/
Frequency
Difficulty
Tags RARE
noun
R

A person who supports the idea that a country should increase its wealth by exporting more than it imports.

The mercantilist argued that trade policies should prioritize exports to boost the economy.

adjective
R

Relating to the economic theory that a country's wealth is increased by exporting more than it imports.

The country adopted mercantilist policies to improve its trade balance.

translation

n. A person who supports the idea that a country should increase its wealth by exporting more than it imports.
adj. Relating to the economic theory that a country's wealth is increased by exporting more than it imports.