The mercantilists contended that because one nation's gains from trade come the expense of its trading partners,not all nations could simultaneously realize gains from trade.

Name: The mercantilists contended that because one nation's gains from trade come the expense of its trading partners,not all nations could simultaneously realize gains from trade.
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Mercantilists believed in a zero-sum game where wealth was fixed, so one nation's gain was another's loss, preventing simultaneous gains from trade.

The Mercantilists Contended That Because One Nation's Gains from Trade