Mercantilist theory held that

A) colonies can help the mother country become self-sufficient by providing it with valuable raw materials.
B) there should be an equal balance of imports and exports.
C) government should not interfere in the economy.
D) overseas colonies were an unnecessary burden on a nation's natural resources.

Mercantilist Theory

An economic theory that emphasizes government regulation of international trade to generate wealth and strengthen national power, advocating for a positive balance of trade.

Mother Country

A term referring to the country of origin for settlers or colonizers of a territory, or more broadly, to a country considered as the origin in a colonial or ancestral relationship.

Raw Materials

Basic, unprocessed resources used in the production of goods and services, such as minerals, forest products, and agricultural items.