BREXIT” AND MERCANTILISM IN EARLY CAPITALIZM PERIOD OF ENGLAND: HISTORICAL AND ECONOMIC ASPECTS
Department of History, Archeology and Ethnology
Batumi Shota Rustaveli State University
6010, 35 Ninoshvili Str.,
Тbilisi Tehnical University
The article discusses “Brexit” and the politics of mercantilism in the early capitalist period (XV-XVI ) .The
latter was aimed at the development of national industry and trade, the restriction of foreign traders, the purchase of English goods at half the amount received by them in goods sold in England, and the export of domestic goods abroad, leaving money earned by foreign merchants in England. Such a policy should have led to the economic prosperity of the country. An unquestionable guarantee of this would be a ban on the export of gold and silver from abroad. Britain is reverting to the old rules, still exercising, in the interests of its economic interests, the legal rights that will protect the interests of its country when the economic, profitable conditions of the country are paramount. It was this state-of-the-art approach that led to the high level of economic development of England still, in the period of early capitalism. Its current population rejects the economic policy in the form of a referendum conducted by the European Union towards its member states, which did not correspond to the current level of development of England.
Keywords: Brexit, Mercantilism, Referendum.