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10 July, 16:35

How did the system of mercantilism benefit the mother country?

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  1. 10 July, 19:23
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    In case of England and it's American colonies 1 The Americans had to accept whatever price for their products the Brits offered them, no matter how low. They had no other choice, and 2) The Americans had to buy goods from the Brits, no matter how high the price. They had no other choice.
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