mercantilist

Definitions

Relating to or practicing mercantilism, an economic theory emphasizing the accumulation of monetary reserves through a positive balance of trade.

An advocate or practitioner of policies that prioritize state power through the regulation of international trade and the protection of domestic industries.

Examples

The government implemented a mercantilist policy to restrict imports and increase the nation's gold reserves.

Many historians argue that the mercantilist practices of the colonial era hindered the economic development of the colonies.

Synonyms

commercial trade-oriented protectionist profit-driven mercantile

Antonyms

free-trade laissez-faire non-interventionist altruistic idealistic