Under early mercantilism, European nations sought to import raw materials from the americas and ship manufactured goods to their colonies . Has that pattern changed in today’s world ? Give reason for your answer

Considering most nations don't hold or care to sustain said colonies and allow them to be fairly self sufficient and autonomous, yes, that pattern has certainly changed in today's world as they no longer SEEK to do it, rather it is a mere byproduct of their trade practices.

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jaquelinefvr jaquelinefvr · Answer 2 · 2021-11-18T13:11:58+01:00

This pattern has not changed in today's world as early mercantilism, European nations sought to import raw materials from the Americas and ship manufactured goods to their colonies, and this economic interaction still occurs through globalization.

Currently, there is no longer a colony regime, with many nations being politically and economically independent, but still using the international trading system to strengthen their economies.

Globalization is a phenomenon that has further strengthened capitalism and interactions between countries, as an example we can cite global value chains.

Therefore, companies fragment the production stages in different countries, such as China, with raw material and cheap labor to gain profitable advantages.

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