Who benefits from the policy of mercantilism?

Mercantilism primarily benefits the ruling government and its associated elites, as it allows them to accumulate wealth and power through trade restrictions and tariffs. Additionally, domestic industries may benefit from reduced foreign competition, leading to increased production and employment within the country. However, consumers often face higher prices and limited choices due to these protective measures. Overall, while it can strengthen a nation's economy, the benefits are unevenly distributed, favoring the state and select industries over the general population.