An Analysis of The Dominate Perspectives of International Political Ec

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Issue:

Social Issues

 

Written by:

Josh H

 

Date added:

January 21, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1465

 

Was viewed:

5875 times

 

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Essay content:

The states would then establish colonies, a merchant marine, and develop industry and mining to attain a favorable balance of trade . In order for the states to be able to fund their expansion, pay for their increasingly large armies and cover the growing costs of their government they needed to accumulate wealth...
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The state became more involved in the economy favoring export-oriented policies because in order to accumulate the much-needed wealth, the state needed to sell more than it bought, or export more than it imported . Governments started to impose import duties to protect local businesses and provide a source of revenue...
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