Which of the following best defines the economic theory of mercantilism? Political theory according to which the wealth derived from production of timber and coltan should be restricted to each country's market. Political theory according to which the wealth derived from the mining of silver and gold and the production of agricultural commodities should be restricted to each country's market, with as little as possible expended on imports from another country. Political theory according to which the wealth derived from the mining of silver and gold and the production of agricultural commodities should be restricted to each country's market, with as little as possible expended on exports from another country. Political theory according to which the wealth derived from the mining of diamonds and the production of intellectual property should be open to all countries