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What Eventually Happened to About One-Third of the Silver Bullion

Question 46

Multiple Choice

What eventually happened to about one-third of the silver bullion taken out of the colonies by Spain?


A) It was used to pay for a war with France.
B) It went directly to the Catholic church.
C) It was traded to China to pay for silk and porcelain.
D) It was distributed among the criollos and mestizos.
E) It was taken by English pirates.

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