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According to mercantilism, the colonies were required to engage in two general behaviors: (1) The colonies were locked into exclusive trade between the colonies and the metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their Natural Resources for less than they would be worth and by buying manufactures for much more money.

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8y ago

According to mercantilism, Britain required the colonies to engage in two general behaviors: (1) The colonies were locked into exclusive trade between themselves and Britain and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the Britain by trading their natural resources for less than they would be worth and by buying manufactures for much more money.

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Mercantilism limited trade to England, didn't allow the colonies to produce their own goods, and forced Virginia to halt tobacco production.

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at the mission of san rafael arcangel who ruled the economy

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Q: How did mercantilism affect the relationship between England and the colonies?
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What economic theory helped define the relationship between England and the colonies?

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How did mercantilism shape the economic and political relationship between England and its colonies?

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