Multiple Choice
It is estimated that about one-third of the silver bullion taken out of the colonies by Spain ended up
A) paying for a war with France.
B) going to the Catholic church.
C) going to China to pay for silk and porcelain.
D) in the hands of the Spanish government.
E) causing a long-lasting, world-wide inflation.
Correct Answer:
Verified
Correct Answer:
Verified
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