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Mercantilism
An economic theory that advocates for a country to export more than it imports to accumulate wealth.
Export Subsidies
Financial assistance grants provided by governments to domestic companies to encourage exports, making their products more competitively priced in the global market.
Import Restraints
Measures applied by countries to limit the quantity of goods that can be imported, such as tariffs and quotas.
Trade Surpluses
A situation where a country's exports exceed its imports, leading to a positive balance of trade.
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