Mercantilism Essay Topics

Mercantilism & economic school

Mercantilism was a dominant economic school on Europe in XVI-XVIII century. The theory suggests that the global turnover of international trade is constant and the prosperity of a nation depends on the government ability to support a positive balance of trade with other nations. Mercantilism considers economic assets as a set of stock including gold,… View Article

Economic theory of mercantilism

Mercantilism was popular and it was the prevailing economic philosophy in the Great Britain, the Netherlands, Spain, and France from the 16th to the 18th century (Gabay, et al. 2007). Gabay, ET al. asserts that according to the theory of mercantilism, for a nation to become rich and powerful, it needs to export more and… View Article

Salutary Neglect Essay

For the period before 1750, analyze the way in which the British policy of salutary neglect influenced the development of American society as illustrated in legislature assemblies, commerce and religion. The policy of salutary neglect influenced the development of American society. It gave the colonies a chance to govern themselves and to develop separately from… View Article

Social responsibility

What’s required to implement an organization commitment to social responsibility? What are the main obstacles to implementing socially responsible policies? Name specific actions that can be taken toward increased social responsibility. In order to implement an organizations commitment to social responsibility it is necessary to identify values held by society, how the organization intends to… View Article

International trade theory

Abstract In this reading a number of international trade theories are explained to help the reader better understand why it is beneficial for a country to engage in international trade, and explains the patterns of international trade that is observed in the world economy. It is understood how the theories of Smith, Ricardo, and Heckscher-Ohlin… View Article