question 17\nunder mercantilism, a major goal of the state was to\na. acquire gold and silver.\nb. import a…

question 17\nunder mercantilism, a major goal of the state was to\na. acquire gold and silver.\nb. import a quantity of goods.\nc. make its colonies self - sufficient.\nd. reduce taxes as much as possible.

question 17\nunder mercantilism, a major goal of the state was to\na. acquire gold and silver.\nb. import a quantity of goods.\nc. make its colonies self - sufficient.\nd. reduce taxes as much as possible.

Answer

Brief Explanations:

Mercantilism was an economic theory that emphasized a nation's wealth through the accumulation of precious metals like gold and silver. It promoted a favorable balance of trade (exporting more than importing). Colonies were seen as sources of raw materials and markets for finished goods, not for self - sufficiency. Importing a large quantity of goods would be against the favorable balance of trade principle. Reducing taxes was not a major goal of mercantilism; rather, governments often regulated trade and imposed tariffs.

Answer:

A. acquire gold and silver.