The alliance in mercantilism between the state and merchants involved mutual support and financial backing.
The alliance that developed between the state and the merchants in mercantilism was one where merchants supplied the wealth for the state, and in return, the state provided protection for the merchants.
This close relationship ensured that merchants had the financial backing and security needed to engage in long-distance trade, contributing to the economic growth of the nation. The state's support of merchants helped bolster their activities and fostered a system where both parties benefited mutually.
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