The concept of mercantilism indicates that maximizing national wealth as expressed by a trade surplus is a desirable thing.

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Mercantilism was the prevailing economic ideology during the 16th to 18th centuries, which emphasized the importance of accumulating gold and silver reserves through a favorable balance of trade, export promotion, and protectionist policies. Therefore, maximizing national wealth through a trade surplus was considered necessary and desirable.

The Concept of Mercantilism Indicates That Maximizing National Wealth as Expressed