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The restrictions in colonial trade, although poorly implemented, were resented and opposed; moreover, this illegal expanse of productive activity would become associated with political rights and self-government.
Mercantile regulations also influenced the American colonies economical development through tariffs, limited trading partners, and smuggling...
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Before the mercantilistic idea came about, numerous monopolies prevailed in trade. These monopolies were discouraged and eventually declined because it was thought that monopolies privileged only a few traders and prevented competition or expansion of trade. English merchants sought extensive government intervention in the economy to protect rising economic interest...
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