[{"word":"mercantilism","phonetics":[],"meanings":[{"partOfSpeech":"noun","definitions":[{"definition":"The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism.","synonyms":[],"antonyms":[]},{"definition":"The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.","synonyms":[],"antonyms":[]}],"synonyms":[],"antonyms":[]}],"license":{"name":"CC BY-SA 3.0","url":"https://creativecommons.org/licenses/by-sa/3.0"},"sourceUrls":["https://en.wiktionary.org/wiki/mercantilism"]}]