Multiple Choice
One reason the colonials complained about the Navigation Acts was
A) the "shortage" of money; they believed the trade deficits of the colonies were bleeding them of coins.
B) the "surplus" of money that was causing inflation; they believed the trade deficits were flooding the colonies with coins.
C) the Acts' not allowing foreign coins, which created a "shortage" of foreign coins relative to British coins.
D) the Acts' requirement that only paper money would circulate in the colonies, without the backing of gold.
Correct Answer:
Verified
Correct Answer:
Verified
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