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Which of the following statements best accounts for the Spanish failure to hold a position of dominance in world trade?A) Spain exported more finished goods than it imported due to the high quality of its artisans and craftsmen.B) The Catholic church that dominated Spanish society argued against the establishment of a commercial mentality in Spain.C) Spain's internal economy and banking system were not sufficient to accommodate the bullion from the new world and lacked significant manufacturing capability.D) Spain's interests were increasingly directed toward the destruction of the Ottoman Empire.E) The Spanish withdrew voluntarily from the race for world trade dominance and established a policy of international isolation.
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