Monopolies aren't anything special, what you want to is buy low and sell high by purchasing or producing raw materials and setting up chains of industries to turn them into high level goods.
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Oh yeah, normally I would direct you to vikiwiki in my sig, but it's currently down. When Rafiki gets back and fixes it it'll be full of usefull Vic information again.
Imports aren't all bad, get a lassiz faire government and you get imports for half price 