National wealth was measured by the amount of treasure in the royal vaults. The total wealth of the world was limited. To become richer and more powerful, a nation had to make some other nation poorer through capture of its trade and colonies. This was
A. Hanseatic League
B. Pax Romana
C. Mercantile Theory
D. Mare Nostrom
Mercantile theory is based on economic policy to reduce the current account deficit and reach current account surplus. It aims to increase exports while decreasing imports to minimum.