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Vasco da Gama's exploration significantly expanded European maritime trade routes, particularly between Europe and India, facilitating the rise of Portuguese colonial power in the Indian ocean. This established a new era of global trade, leading to increased competition among European powers for territorial control and resources. Additionally, his voyages contributed to the spread of cultural exchanges and the eventual establishment of European dominance in Asia, with lasting impacts on local economies and societies. The trade patterns initiated during this period also laid the groundwork for the modern global economy.

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