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Nations discourage imports by tariffs or import duty which are special taxes on imports. If imports are actually fordidden it is called an embargo. Nations could also discourage imports by manipulating the currency exchange rate to make the local currency more valuable in relation to foreign currency.

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Q: Nations discouraged imports in what would be known as?
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What happens when a country imports more than it exports?

It would have what is known as a Trade Surplus.


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Why was it possible that Lincoln would not be reflected in 1864?

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Why did the British use the system of Mercantilism?

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