English-German translations for mercantilism

  • MerkantilismusJedenfalls handelt es sich um einen Ausdruck des Merkantilismus, der, wie ich glaube, sehr viel Schaden anrichten kann. It is, in any event, an expression of a mercantilism that I believe to be damaging. Es erscheint mir sinnvoll, jene Bereiche, in denen die Gesetze des Marktes nicht funktionieren, nicht dem Merkantilismus auszuliefern. I believe it is rational not to surrender to mercantilism the areas where market logic does not operate. Die Werte und Normen, denen die EU große Bedeutung beimisst, würden dann einmal mehr simplem Merkantilismus weichen. The values and standards by which the EU sets such store would then once again be taking second place to crude mercantilism.

Definition of mercantilism

  • The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism

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