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Do it as any of the historical trade republics, who start with trade tech advanced enough to gain monopolies (not to mention ability to out-compete other merchants) and you can gain obscene amounts of money. In practical terms, at the cost of 2-3 diplomats and a single loan, any country from Europe could gain maps of Middle East, Persia and most of India as early as February 1419, opening local markets far ahead of time.
#EU4 IMPERIUM UNIVERSALIS MARKET EVENT FULL#
Since AI can't really compose proper armies nor utilise artillery at full efficiency, it can quickly turn wars into series of curb-stomp battles.
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Starting from III, artillery can double your combat power, as it gets positioned in the second row of fighting armies. And that's assuming AI has tech to improve forts in the first place. It can turn sieges into relatively short affairs, since the scaling of artillery-to-fort ratio is pretty low at this point and it will take AI quite a while to fortify adequately all provinces.