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What is the central idea of mercantilism

Discussion

1. Briefly explain how OELs and HILs are similar and different in terms of values, ideas, and policies. Which do you favor? Why?

2. What is the central idea of Mercantilism? Is Mercantilism only historical or do we see the central idea behind Mercantilism at work in the global economy today. Provide an example to support your assertion.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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