What was the principle currency of trade in the mid-sixteenth century when mercantilism came into favor in England?
A) the pound
B) gold and silver
C) the U.S. dollar
D) salt and spices
E) human labor

Question

Quizplus · Accepted Answer

During the mid-sixteenth century, gold and silver were the principal currencies of trade, especially under the mercantilist economic system, which emphasized the accumulation of precious metals.

What Was the Principle Currency of Trade in the Mid-Sixteenth