Caracteristicas De Los Sistemas Economicos Mercantilista Y Liberal

Economic Systems, mercantilism and liberalism in the international economy
The Mercantilism
Mercantilism is a doctrine of economic thought that prevailed in Europe during the sixteenth, seventeenthand eighteenth centuries and enacted that the State must exercise control over industry and trade to increase the power of the nation to achieve that exports exceed the value of imports.Mercantilism was actually a set of firm beliefs, among which include the idea that it was preferable to export to third that import goods or trade within the country, were protectionist. The conviction that thewealth of a nation depends mainly on the accumulation of gold and silver, and the assumption that public intervention is justified if the economy is aimed at achieving the above objectives. Themercantilist economic policy approaches were developed with the emergence of modern nations had tried to eliminate internal trade barriers established in the Middle Ages, which allowed to charge tax ongoods by imposing tariffs or rates in each city or each river running through.
Mercantilism was a great success to stimulate industry growth. Gradually it developed the doctrine of free trade. Economistsargued that government regulation would only be justified if it was aimed at ensuring the free market, and that national wealth was the sum of all individual wealth and welfare of all could moreeasily achieved if individuals could find their own benefit without limitations.
• Characteristics of mercantilism

1. The National Interest, premium on the interest of both individuals in the country,and in the interest of other nations.
2.
National Wealth, identifies with gold and silver available
3.
In the event that there is such a mine of gold and / or silver into the country, or insome of its colonies, the only way to obtain precious metals is through an excess of exports over imports.
4.
The state should assist arbitrary trade balance through its direct influence on foreign...