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Merchant Republic — Government Reform

Merchant Republic is a government reform available to any government type in Europa Universalis IV.

Merchant Republic

Any government

Merchant Republic is a government reform that can be adopted by any government type. Reforms are chosen one per tier to shape how your nation is governed.

In-game description

A governmental form where the nation is governed as a republic but with a heavy reliance on trade and commerce.\nIf a Merchant Republic has more than 20 Provinces in States, they will suffer a penalty to their Republican Tradition.