MERCANTILISM

12 letters 18 Scrabble points

Definition of MERCANTILISM

noun
  1. The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism.

  2. The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.

Source: Wiktionary

Word Details

Letters M E R C A N T I L I S M
Length 12 letters
Scrabble Score 18 points