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An important consequence of the defeat of the Spanish Armada was that
Tariff Revenue
The income generated for a government from taxing imported goods.
Consumer Surplus
The gap between what consumers are prepared and capable of spending on a product or service versus what they actually spend.
Trade Restrictions
Measures such as tariffs, quotas, and import bans implemented by governments to control the amount and type of goods and services that can enter or leave a country.
National Security
The protection and safety of a country's citizens and economy.
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