…………………. coined the term “mercantile system” to describe the system of political economy that sought to enrich the country by restraining imports and encouraging exports.

Related MCQs

• The term ‘Laissez faire’ was coined by the ……………economic philosophers of the Enlightenment (Physiocrates).
• The term "third world" was coined by economist …………………..in an article in the French magazine L'Observateur of August 14, 1952.
• The term "third world" was coined by economist Alfred Sauvy in an article in the ……………….magazine L'Observateur of August 14, 1952.
• The term "third world" was coined by economist Alfred Sauvy in an article in the French magazine L'Observateur of August 14,……………...
• The first European to describe gunpowder was the ………………Friar Roger Bacon.
• The Meiji Restoration was a political and social revolution in ……………..in 1866-69.
• Machiavelli was the great political writer of ……………..
• The …………unification preceded the political unification in Germany.
• “I was born when my country was dying”. Who said?
• In the 1840s the term ………………..came into use to denote loosely a militant leftist form of socialism.