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Mercantilists wanted a favorable balance of trade, by which they meant a. exports = imports. b. exports > imports. c. exports < imports. d. To import nothing from the colonies.

Respuesta :

Answer:

b. exports > imports.

Explanation:

Note that when a country's exports are less than imports of the country that is a case of unfavorable balance of trade.

So Mercantilists often aim to see excess of exports over imports which they believe means added income (exports) and less of expenditure ( imports).

Remember the balance of trade (BOT) looks at foreign exchange between countries.

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