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...orts. In contrast, northwest Europe's experience with early capitalism ([[mercantilism]]) gave their colonization of America qualities of merchant-based investmen

...what was later known as [[monetary economics]], and was an opponent of "[[mercantilism]]". Mercanilist policy at the time, regulated trade in ways that subsidise

...what was later known as [[monetary economics]], and was an opponent of "[[mercantilism]]". Mercanilist policy at the time, regulated trade in ways that subsidise