Asher K. Sisneros Thomas E. Woods, Jr. Western Civilization Since 1493 September 27, 2024 Mercantilist theory was born during the 16th century, and it came to dominate global trade policy in Europe by the 17th century. Colbert’s policies under King Louis XIV propelled Mercantilism to its highest point in French history. Similarly, the Navigation Acts … More Mercantilist Theory