According to the principles of mercantilism, what was the primary economic goal for a powerful nation?

To establish free trade agreements with all neighboring countries

To export more manufactured goods than it imported

To rely solely on its colonies for all economic needs and cease foreign trade

To ensure an equal balance of imports and exports with its trade partners

Under the economic policy of mercantilism, what was considered the most important measure of a country's power?

Its reserves of gold and silver

The total land area of its colonies

The strength of its diplomatic alliances

By providing soldiers for the mother country's army

By acting as centers for artistic and cultural development

By offering a place for political dissidents to be exiled

By supplying raw materials and purchasing finished goods

It was directly managed and insured by the royal treasury

It guaranteed a profit on every voyage undertaken

It spread the financial risk among many people

It focused only on short, safe trade routes