Export-Import Balance

Mercantile System
The mercantile system, also known as Mercantilism, is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes governmental regulation of a nation's economy to augment state power at the expense of rival national powers.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.