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If Spain in the 19th and 20th centuries was a Great Power, its industrial capabilities on per capita level was on par with or higher than England and France, what would be its geographical insistences and interests?

For instance, both Britain and Russia tried to prevent a continental dictator forming in Europe, be it Germany or France. Would Spain have such an obsession?

Or else, would Spain be obsessed with retaking Gibraltar? Consolidating Morocco? Or taking back its colonies in Latin America?
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