pandaoksmallwoouu548 pandaoksmallwoouu548 02-09-2017 History contestada One History Question! 10 POINTS Mercantilism was the belief that Question 1 options: a government could tax without consent of the taxpayers for regulating trade. the English colonies would drop their legal rights and elected assemblies. colonists would henceforth be required to pay taxes to the crown to fund their own protection. the purpose of colonies is to economically benefit the mother country.