Why did the british parliament use the policy of mercantilism?

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2026-03-29 08:55

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Mercantilism (although not so called at the time) was practised by all countries. Because all international trade was conducted with precious metals, governments wanted to ensure that their supply of precious metals was increasing rather than decreasing, and to accomplish that, they used tariffs on imported goods, and various other methods to try and ensure they exported more than they imported.

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