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Quinto Real 1776 Relationships between domestic and foreign policies

Ever since the 16th century, Spanish treasure fleets transported agricultural goods and resources such as silver, gold, spices, and tobacco from the Spanish colonies to Spain. A tax known as the //quinto real// was placed on these goods which gave the Spanish crown a fifth of these precious metals of private merchants. The percentage of the tax was one-fifth in 1504 and remained so until the 18th century. It was levied on all mineral production, but was collected only on precious metals and stones. The Spanish quinto real shows the relationship between domestic and foreign policies because it was a tax levied by the Spanish crown on the transported products of its colonies.

"**quinto real**." __Encyclopædia Britannica__. 2009. Encyclopædia Britannica Online. 20 Apr. 2009 <[|**http://www.britannica.com/EBchecked/topic/487500/quinto-real**]>.