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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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Which of these actions would be encouraged under a capitalist system but discouraged under a mercantilist system?
Importing cheap consumer goods from foreign countries
President Woodrow Wilson believed that if the victorious nations forced peace terms on the defeated nations after World War 1 .?
There would be no permanant peace
What was a result of the stalemate in the war Europe in 1916?
It became clear that the nations that lasted the longest would win....apex
What important agreement did the Berlin congress reach in 1885?
All member nations would have the right to establish trade in the congo.
At the Berlin Conference of 1884-1885 European nations?
At the Berlin Conference of 1884-1885 the European nations decided on how they would divide up the ownership of Central Africa to avoid fighting over it. The conference didn't actually approve the territorial claims of the European nations, but they did agree on a set of rules to avoid conflict in partitioning of the region.
