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The British theory of mercantilism, by which the colonies were governed, held thata. a nation's economy should be entirely shaped by free market forces, without government interference.b. the colonies should develop by becoming as economically self-sufficient as possible.c. the colonial economy should be carefully controlled to serve the home country's needs.d. colonists could develop economic growth by trading with whatever country offered the best profits.e. the mother country and the colonies should each specialize in producing goods where they had a comparative economic advantage.
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