History of business and capitalism with Uros (wl)

commerce - the activities involved in buying and selling things
mercantilism - the idea that a country's government should try to influence trade and business, especially by encouraging exports and putting limits on imports
currency - the money in use in a particular country
free trade - international trade in which companies can import and export each other's goods without the usual taxes, limits, etc.
portfolio - a collection of company shares and other investments that are owned by a particular person or organization
restriction - an official limit on something
centralization - the act or process of centralizing a system, company, country, etc. (= removing authority to one central place)
exploitation - the use of something in order to get an advantage from it
treaty - a written agreement between two or more countries, formally approved and signed by their leaders
embassy - the group of people who represent their country in a foreign country
development - growth or changes that make something become more advanced
manufactory - a word used in the past for a factory, sometimes still used in the names of companies
exchange - the act of giving something to someone and them giving you something else
convoy - a group of ships or vehicles that travel together, esp. for protection
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