Question

which is the most accurate list of mercantilism rules?
○ i. collect gold and silver.
ii. import more goods than what one exports.
iii. provide raw materials to colonies.
iv. sell manufactured goods from colonies to the mother country.
○ i. collect gold and silver.
ii. export more goods than what one imports.
iii. have the colonies provide raw materials.
iv. sell manufactured goods from the mother country to colonies.
○ i. sell gold and silver.
ii. import more goods than what one exports.
iii. sell raw materials to colonies.
iv. provide manufactured goods to colonies.
○ i. sell gold and silver.
ii. export more goods than what one imports.
iii. have colonies sell raw materials.
iv. sell manufactured goods from the mother country to colonies.

Explanation:

Mercantilism centers on accumulating wealth (gold/silver) via a favorable trade balance (exports > imports), with colonies supplying raw materials to the mother country, which in turn sells finished goods to the colonies. The correct option aligns with all these core principles, while others have incorrect trade flow or wealth accumulation steps.

Answer:

i. Collect gold and silver.
ii. Export more goods than what one imports.
iii. Have the colonies provide raw materials.
iv. Sell manufactured goods from the mother country to colonies.