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The difference in value between a country's imports and exports.
A country's balance of trade is defined by its net exports.
The balance of trade measures net exports of goods and services.The balance of trade is the difference between the value of a country's imports and exports for a given period. Also known as trade balance is the total sum of a nation's exports minus the value of its imports

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belief in the benefits of profitable trading; commercialism.

Mercantilism led to the adoption of enormous trade restrictions, though, which stunted the growth and freedom of colonial business. The expansion of the slave trade: Trade became triangulated between the British Empire, its colonies and foreign markets Mercantilism is a set of economic ideas about how a country can get rich, something that many European countries embraced between the 16th and 18th centuries. mercantilism: a set of economic ideas about how a country can get rich; it was popular in Europe between the 16th and 18th centuries.

The imposition of heavy taxes and restrictions frustrated American colonists and eventually contributed to the American Revolution

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a company whose stock is owned jointly by the shareholders. The risk was small, and the returns were fairly quick. Granted a charter by King James I in 1606, the Virginia Company was a joint-stock company created to establish settlements in the New World. . Shareholders are able to transfer their shares to others without any effects to the continued existence of the company Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). ... Therefore, joint-stock companies are commonly known as corporations or limited companies Start studying Economic, Social, and Political Effects of European Exploration, Transatlantic Trade.

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also known as the Columbian interchange, named for Christopher Columbus, was the widespread transfer of plants, animals, culture, human populations, technology