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Louis Xiv
Terms to know from section 1
| Term | Definition |
|---|---|
| Absolutism | belief in or use of absolute power. |
| Mercantilism | economic theory of gaining wealth. |
| Export | sales of good to outside countries. |
| Import | buying good from other countries. |
| Balance of Trade | difference in value of imports and exports. |
| Balance of Power | Weak countries band together to match or exceed larger countires. |