Which of the following statements accounts for the Spanish failure to hold a position of dominance in world trade?
A) The Spanish withdrew voluntarily from the race for world trade dominance and established a policy of international isolation.
B) The Catholic church that dominated Spanish society argued against the establishment of a commercial mentality in Spain.
C) Spain?s interests were increasingly directed toward the destruction of the Ottoman Empire.
D) Spain?s internal economy and banking system were not sufficient to accommodate the bullion from the new world.
Correct Answer:
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