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Spanish Monopoly System is all goods produced in the New World had to be exported to Spain and to no other country but Spanish countries and only in Spanish ships. Everything the colonists bought had to be imported from Spain itself and carried in Spanish ships

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What is Spanish Monopoly?

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How was the Spanish monopoly challenged by European countries?

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What system is also called a monopoly system?

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the Spanish government believed that the wealth of its empire in the Americas existed to solely increase the power of Spain. this meant that a monopoly of trade with her colonies and close control over buying and selling by colonists. all goods produced in the new world had to be exported to Spain and to no other country. everything the colonists bought had to be imported from Spain itself and be carried by Spanish ships....


How do you say much needed in spanish?

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