User: What impact did added capital and mercantilism have upon Europe? National states and countries were formed. Kings became reluctant to find new colonies. Colonies would become wealthier than the mother countries.

Weegy: Mercantilism is the economic doctrine that says government control of foreign trade is of paramount importance for ensuring the prosperity and security of a state. In particular, it demands a positive balance of trade. [ In thought and practice it dominated Western Europe from the 16th to the late-18th century. ]

Note: High tariffs, especially on manufactured goods, are an almost universal feature of mercantilist policy. [ Other policies have included monopolizing markets with staple ports exclusive trade with colonies forbidding certain trade to be carried in foreign ships export subsidies banning the export of gold and silver, even for payments promoting manufacturing with research or direct subsidies limiting wages (see Physiocracy for the contrary view) maximizing the use of domestic resources and restricting domestic consumption with non-tariff barriers to trade. ]

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