7 Comments

  1. Teboho Rathebe
    September 3, 2013 @ 11:39 pm

    If exporting more can make a country have a favorable balance…why is this thoery nt used any more?

    Reply

  2. ALIYU
    December 1, 2013 @ 2:36 am

    Good

    Reply

    • deepa m
      February 8, 2015 @ 7:08 am

      Y thease peoples speacification gave for gold only??????

      Reply

      • Vikramjeet
        September 5, 2016 @ 5:53 am

        Because in 16th and 18 th century, Gold was the common currency of trade between the different countries..

        Reply

  3. Ranjitha P G
    May 22, 2016 @ 8:25 pm

    Good information.

    Reply

  4. Michael Kiteki
    June 6, 2017 @ 8:11 am

    This theory wasn’t as good as the neo-mercantilism theory of international trade and finance.
    The theory only favored countries with industrial powers that had the capability to produce more of manufactured goods and export to less advantaged countries that had gold.
    It should too be noted that not all countries had gold,done had diamond, silver and other metals…
    Most of the less developed countries by then had low machinery and technical power to extract those minerals.
    Thank God it is no longer in existence.

    Reply

    • Deepak Pore
      June 6, 2017 @ 2:16 pm

      Thank you for your contribution Michael 🙂

      Reply

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