Mercantilism in Armenian. Armenian commercial capital played a significant role in international trade in the 17 century and 18th century. The merchants were engaged in lively commercial activity in Russia, Tbilisi, Baku, Persia, Turkey, India, and in European countries.
Writings
Mercantilism in Armenian reality was expressed by individual authors, who wrote works which have not become part of a state policy system, because the activity is mainly focused on the commercial bourgeoisie of foreign countries. 17th century one of Armenia's famous merchants was Zakaria Agulleci (1630–1691) who presented a level of wholesale and retail prices in different countries, information about system of coin emission. Also played a significant role shahamir Sahamiryan (1723_1797)> The proposed to use protectionist polices he said that to limit or prohibit import because of supporting local preduction is better to find users of foreign product than define high taxes.
References
- Authors: G. Kirakosyan, M. Tavadyan, S. Grigoryan - Economic 2004