Question: Why is it important to study the mercantilists' views on trade? How were their views different from those of Adam Smith? What is the relevance

Why is it important to study the mercantilists' views on trade? How were their views different from those of Adam Smith? What is the relevance of all this today?

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The mercantilists views on trade are important for various reasons The views of classical economists like Adam Smith and David Ricardo can be understo... View full answer

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Why is it important to study the mercantilists views on trade? How were their views different from those of Adam Smith? What is the relevance of all this today?

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