mercantilism
The idea that international trade can help increase a nation's wealth in terms of gold and foreign currency reserves. As an economic philosophy, mercantilism was most popular hundreds of years ago, and it led to the view that exports were desirable and imports were less so, except when they resulted in an even greater rise in exports.
Browse by Subjects
British monetary unit
price to earnings ratio (P/E)
rounded bottom
instrument
par value of currency