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mercantilist

mercantilist

1 8.7
Relating to the belief that a country gets richer by controlling trade
  • adjective
  • /mɜrˈkæn.tɪ.lɪst/
  • Formal
translation icon : mercantilista
  • Mercantilist economic nationalism recognizes that markets must function in a world of competitive groups and states.
  • mercantilist economic

Examples

  • That's a Smithian/Mercantilist measure of growth.

    Blog text (32)
  • Absolutely no plan that the administration can come up with is going to boost U.S. exports sufficiently while China continues to pursue its mercantilist economic policies.

    Blog text (7)
  • In both The Other Path 7 and related activities of his Institute for Liberty and Democracy, de Soto uses the "informals" to challenge orthodox materialist and mercantilist thought.

    Academic text (1990)
  • Hence, the forward momentum of liberalization stalled badly, opening the door for protectionist and mercantilist pressures to fill the vacuum quickly, as they have traditionally done.

    Academic text (2002)
  • Jide Oweye denounces Japan's cultural and educational activities in Africa as "an instrument of her mercantilist foreign economic policy" geared to increasing African patronage of Japanese products.

    Academic text (1991)
  • The country's mercantilist policies aim to increase exports while protecting domestic industries.

  • During the 17th century, many nations adopted mercantilist strategies to build their wealth and power.

  • Critics argue that mercantilist approaches can lead to trade imbalances and international tensions.

Synonyms

mercantilistic
vsmercantilist
  • Specialized
8.6

Supporting trade and government rules to make a country richer

is the common label for that theory without extra adjectival nuance

Surface Forms

mercantilist positive

Morphology

mercantilist = mercantile (transparent) = mercantile + ist

The suffix '-ist' is commonly used to form adjectives indicating a relation to a specific theory or practice.

Etymology

Mercantilist comes from the word merchant, and further back from the Latin mercari ('to trade') and merx ('goods'). So a mercantilist policy is one that tries to make a country rich by controlling 'trade' and the movement of 'goods'.