Introduction Mercantilism is an outdated analysis of finances, which was common from 16th to 18th century. By definition, “the theory states that the world only contained a fixed amount of wealth and that to increase a countries wealth, one country had to take some wealth from another either through having a higher import/export ratio or in actual conquest of new lands and resources” ( Magnusson 5). During those times, a country’s economy heavily depended on mineral resources that they had and the primary objective of this economic policy was to guarantee a net optimistic inflow of valuable metals by trading. The backbone of Mercantilism integrated chartered corporation for instance the French Royal African Company, the Dutch West India Company, and the utilization of armed forces to chase business supremacy. The English and French purged Dutch rivalry from the Americas by overpowering the Dutch in a sequence of fighting from 1652 to 1678. The English and French colonies afterward canceled the domination rights of their chartered corporations, although sustained to employ elevated tariffs to put off outsiders from having contact to do business with their protectorates. The Atlantic turned into the key transaction region for the Portuguese, the French, and the British in the 18 th century (Bairoch 270; Davis 306). During those times, purchasing goods from another state were highly discouraged, as it was perceived as a state of depriving off their precious metals. As a result, mercantilism ways of trading aimed at restricting liberated function of marketplaces and establish stern limitations on financial doings, for example, protectionist actions that controlled trade in, and regime funding of domination, which permitted stringent control on a number of features in the financial system that was to be maintained. Introduction of Profitable crops At around 1500, European settlers launched sugar-cane farming on slave farms of West Indies and later in early 16th century, the English and French nationals established protectorates founded on tobacco farming. With the introduction of profitable crops, the way of trade changed whereby countries could import and/or export raw materials and finished products without feeling that their precious metals was not being taken away. Crop cultivation in West Indies and particularly tobacco inspired by new developments such as the accessibility of inexpensive manual labor “in the form of European indentured servants and the formation of chartered companies” (Harley 8). Here with cheap labor from slave, it was easy to cultivate a large track of land and sell the produce at a competitive price to other states, which actually opened market, and eventually states moved away from being protectionist to liberalists. On the other hand, the Portuguese had initiated sugar-cane farming to the Dutch West India Company and Brazil, which brought rivalry with Spain, which had grabbed over 1,000 miles of sugar-farming Brazilian coast. They enhanced the competence of sugar industry in Brazil and ferried human slaves from Luanda and Elmina. With bringing in of cheap labor, the cost of their sugar produce became cheaper as compared to other producers like pre-Columbian European, which compelled other countries to lower prices. As a result, the next two centuries that followed was mainly as Harley puts it, that of taking advantage of openings for sugar farming with manual labor importations and capital or resources. As time went by, colonies like Guadeloupe, Martinique, and predominantly Barbados shifted to sugar cultivation away from tobacco farming. Because of this, B